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TSX edges up, Wall Street slips on inflationStocks advance on inflation dataNvidia triggers tech, market highsThis summary was created by AI, based on 85 opinions in the last 12 months.
Experts are generally bullish on Amazon.com, Inc., highlighting its strong performance, especially in the cloud computing and e-commerce sectors. The company's ability to harness data using AI, coupled with its advertising business and investments in fast shipping, have been cited as key strengths. Despite concerns about high valuations and competition in the tech industry, experts remain optimistic about the long-term potential of the stock, with a focus on its future growth prospects.
One of the world's top companies. Consistently posts strong earnings. Consumer not as badly off as anticipated. Again, AI is a major catalyst. Sky continues to be the limit. Good, long-term core holding. Use the buy the dip mentality.
Retail advantage: Same or next day delivery. Also, they have such scale, they can collect massive data and harness that data using AI to better predict their business.
They invested heavily in fast, 2-day shipping while cutting back at the executive level. This makes it a winner. Plus, their ad business is on fire and their AWS business enjoys double-digit growth.
Very strong performance from company with excellent assets. Tech space rebound very good for investors. Over capacity post pandemic is receding. AWS and retail side of business very strong. High margin business units with excellent brand value. Expected $70-$80 billion free cash flow going forward.
Earnings driver is actually the cloud, in a bit of a lull of late, but picking up steam. He's still long the stock in his growth strategy.
Cup-and-handle is quite a positive pattern. Once you get a breakout, you get quite a nice move, usually the measured depth of the cup. $150 is the underside of the previous range. Core consumer/tech stock. He'd buy today. If you're concerned, by 1/2 position now, rest later.
Very strong business with diverse business model. High margin AWS business excellent. Recent investments in storage beginning to pay off. Company becoming more and more profitable. Brand value also very strong. Advertising business has huge margins. Believes earnings will continue to grow.
Their retail business is hot and cold, cyclical by nature, but more dependable is their cloud business.
Top pick amongst "Magnificent 7". Every business unit continues to grow. AWS, content and eCommerce business sectors growing steadily. Investment into assets will continue to payoff. Earnings growth expected to triple as investments payoff. Dominant position hard to compete with.
Nobody has its scale or logistics in e-commerce. Still the leader in cloud, and AI will enhance that. Strong growth ahead for digital advertising, which is #3 behind GOOG and META. Advantage is that AMZN can easily direct ads plus see impact of ads on sales.
Market's a bit rich and overbought. Latest run the past 2-3 weeks has been all about the USD weakening. Still a decent runway. King of the cloud market, 70% market share. Large-language model announced. 12-month price target of $165. No dividend.
(Analysts’ price target is $180.06)Compounder. Have to hold your nose to buy at current valuations, but you only have to look 2-3 years down the road to get to a more comfortable valuation. AWS is a driver, and AI will really come to the fore over the next 2 years. Invested heavily in e-commerce, and it's starting to see some profitability, juggernaut of the future.
Gen AI will continue to be a force among the Magnificent 7. Nvidia and Microsoft will remain the leaders, but the two sleepers that can outperform Apple in 2024 are Amazon and Alphabet. Apple is quality growth, which he likes, but in 2024, Apple might take a backseat to the rest of the Mag 7.
Excellent company with strong assets in cloud computing and Amazon Web Services. eCommerce also continuing to preform well. Participated in "Magnificent 7 Rally". Has been earnings estimates the past 3 quarters. Increased demands in A.I. will contribute to demand in web services. Profit margins are exceptional in software. Will continue to hold. Believes growth is sustainable and will continue.
Amazon.com, Inc. is a American stock, trading under the symbol AMZN-Q on the NASDAQ (AMZN). It is usually referred to as NASDAQ:AMZN or AMZN-Q
In the last year, 66 stock analysts published opinions about AMZN-Q. 54 analysts recommended to BUY the stock. 8 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Amazon.com, Inc..
Amazon.com, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Amazon.com, Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
66 stock analysts on Stockchase covered Amazon.com, Inc. In the last year. It is a trending stock that is worth watching.
On 2024-03-18, Amazon.com, Inc. (AMZN-Q) stock closed at a price of $174.43.
It is a trail blazer in public cloud services. It has the largest market share in this but Microsoft and Google are chipping away at it. It should be the most profitable it has ever been in its history, but has to harvest this profitability in this and the next year to justify its high valuation.