Prediction: Amazon Could Be Worth This Much in 5 Years

Amazon (NASDAQ:AMZN) has underperformed the broader market over the past five years. Over this period, the company has dealt with a CEO change (which was technically slightly over five years ago), a rare net loss, macroeconomic headwinds, increased competition in the cloud computing industry, and several other challenges. That said, there is still a lot to like about the company's business, and, in my view, the e-commerce specialist is likely to outperform broader equities over the next five years. Here's how much the stock could be worth by 2031. Image source: The Motley Fool.Amazon is investing heavily in its artificial intelligence (AI) ambitions. The company is now expecting $220 billion in capex this year. The tech leader is already seeing the results from these efforts. In the second quarter, Amazon's revenue increased by 20% year over year to $200.6 billion. The company's cloud computing segment, Amazon Web Services (AWS), posted $42.2 billion in net sales, up 37% year over year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool