28.09.2024 14:13:00

Where Will Amazon Stock Be in 3 Years?

While it can be tempting to bet on flashy, smaller companies, blue chip behemoths like Amazon (NASDAQ: AMZN) might also have a place in your portfolio. The technology conglomerate is far from its days of heady top-line growth, but cost-cutting and new opportunities in artificial intelligence (AI) could still unlock significant shareholder value.Let's dig deeper into what the next three years could have in store. Online shopping has been a part of mainstream American life for decades, making it seem a little boring compared to other technology opportunities. That said, Amazon has exploited that market like nobody else for decades. Now, the company's e-commerce business enjoys some exciting trends that could continue to unfold over the coming years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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