AMZN Stock Forecast: Long-Term Upside Potential In Macro Storm
This article was written by Le Hai – Financial Analyst at I Know First.
Summary:
- Key indicators beat expectations in a downward economic environment
- AWS is a fast growing, highly profitable business with powerful moats
- AWS is a fast growing, highly profitable business with powerful moats Be bullish on Amazon Ads, AWS, and ultimately its core businesses running at a positive operating margin
- I recommend Buy and project a target price of $140 on a year-horizon based on STOP model