Will Amazon stock keep growing?
Amazon Stock Is Getting Expensive – But It Still Has Upside
Analysts anticipate an average of $334 billion in revenue in 2020 (against $280.5 billion in 2019, an increase of 19%).
So the stock price should continue to rise, but it will likely be at a slower pace.
Will Amazon stock go up in 2020?
Amazon.com, Inc. (AMZN) stock closed 2019 at $1,847.84 and closed Friday, Jan. 17 at $1,864.72, up just 0.9% so far in 2020. The stock is in bull market territory at 42.7% above its low of $1,307.00 posted on Dec.
Will Amazon grow?
He said Amazon will continue to grow at a rate of 25% per year “like clockwork.” Amazon joined the trillion-dollar market cap club in January. It currently sits just below a $1 trillion valuation due to market swings related to the coronavirus.
What will be the next Amazon stock?
S&P 500 Stocks Expected To Be Most Valuable In 12 Months
|Company||Ticker||Stock price on 1/31/2020|
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