Quick Answer: Will Amazon Stock Continue To Grow?

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

CompanyTickerStock price on 1/31/2020
Amazon.com(AMZN)2008.72
Alphabet(GOOGL)1432.78
Facebook(FB)201.91
Berkshire Hathaway(BRKA)335996.01

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