Amazon Stock Forecast: Why I Still Have A $3,700 Price Target For Amazon
The Amazon stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First. Summary
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AMZN Stock Forecast: $4,250 Target As New Horizons Unfold With MGM
This AMZN stock forecast article was written by Nicole Shammay – Analyst at I Know First.Summary:
- The MGM buy is affordable for Amazon given their 44% year-over-year growth in Q1 2021
- The acquisition of MGM studios will ensure a firmer grip on consumer streaming for AMZN
- Growth opportunity with Amazon Care Scares Competition
- I project a target price of $4,250 for the AMZN stock on a year-horizon
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Amazon Stock Price Prediction: Why Amazon’s Stock Is Increasing So Much?
The article was written by Alexandre Himmelstein, Analyst at I Know First.
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Summary:
- The reasons that Amazon's stock and revenue have increased so much in the last few years: Covid-19 pandemic its the main reason.
- Amazon’s stock behavior during the Covid-19 pandemic is performing very well.
- The Chinese e-commerce, Alibaba, could be on competitors of Amazon on the future.
- Amazon still has different online sales markets to expand into U.S.A and around the world . About the success of Amazon Stock Price Prediction from I know Firts and the outlook for the one-year long term.
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Subscribe to receive exclusive PREMIUM content HereAMZN Stock Forecast: Raising My Amazon Price Target To $3,550
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.Summary
- Thanks to my high faith in I Know First, my June 29 prediction that Amazon’s stock will bounce to $3,000 quickly became a reality.
- Amazon’s stock posted a record-setting 52-week high of $3,344.29 last July 13. Massive profit-taking eventually forced the stock $3,100. I’m therefore endorsing AMZN as a buy.
- The inability of Microsoft and Google to dethrone Amazon’s leadership in cloud computing infrastructure is why I’m giving AMZN a new price target of $3,550.
- As per its July 30 ER, Amazon had an amazing Q2. The second-quarter $88.91 revenue is +40% Y/Y. AWS revenue for Q2 was $10.81 billion, +29% Y/Y.
- My endless optimism for Amazon is again thanks to its bullish one-year trend forecast from I Know First.
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Subscribe to receive exclusive PREMIUM content HereAMZN Stock Forecast: The Company That Seemingly Grows Without End
The article was written by Jessica Kremer - Analyst at I Know First.
Summary:
- The acquisition of Zoox allows Amazon to break into a relatively untapped market space.
- I am endsoring a $3,400 price target for AMZN before the end of the year.
- Amazon has a $1.3 trillion dollar market cap and multiple revenue streams from industries that have immense growth potential, resulting in my buy verdict
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Subscribe to receive exclusive PREMIUM content HereAmazon Stock Forecast: Do Not Panic Amazon Stock Can Still Hit $3000
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.Summary
- I reiterate the buy rating I gave AMZN last February 27. Back then, I gave it a 1-year price target of $2,500.
- I am now raising my price target for AMZN to $3,000. The COVID-19 tailwind is still extraordinarily strong for AMZN.
- The $1.2 billion recent purchase of self-driving car company Zoox is a future growth driver for Amazon.
- Going forward, Amazon Logistics can have future self-driving delivery cars and trucks that can cover most of North America.
- Aside from work-from-home, Amazon Web Services also has a tailwind from the learn-from-home education new normal.
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Subscribe to receive exclusive PREMIUM content HereAmazon Stock Forecast: 2020, A “Prime” Investment year
This AMZN stock forecast article is written by Hao Liu, Financial Analyst at I Know First.
Summary:
- Various growth verticals together with new market penetrations will allow Amazon emerge from the pandemic stronger.
- The company will face challenges but they are estimated to be manageable.
- Despite a potential bearish scenario in the short term, we recommend BUY AMZN in the long term.
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Subscribe to receive exclusive PREMIUM content hereAmazon Stock Forecast: COVID-19 Showed How Strong Amazon Is
This Amazon stock forecast article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.Summary
- Like other stocks, AMZN was among the biggest dropper during the March Madness COVID-19 pandemic sell-off.
- Amazon’s stock is also among those fastest to recover. From dipping below $1,700, this stock is trading above $1,900.
- Now is the time to add more AMZN to your long-term portfolio. COVID-19 obviously steered new repeat customers to Amazon’s online marketplace.
- Traditional retail stores were forcibly shutdown in many countries due to COVID-19 pandemic. On the other hand, online shopping portals are still allowed to operate.
- The work-from-home initiatives of most companies right now is also boosting Amazon’s most profitable division, AWS.
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