Amazon: Why I Am Aggressively Accumulating At All-Time Highs
Portfolio Pulse from
Amazon's shares have reached a new all-time high due to strong e-Commerce performance and optimism about the U.S. economy. The company is rated a strong buy, driven by growth in Cloud and e-Commerce, with potential for significant operating income.
December 12, 2024 | 4:15 am
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POSITIVE IMPACT
Amazon's stock has reached an all-time high, supported by strong e-Commerce and Cloud growth. The company is expected to benefit from a successful Black Friday and a potentially record-breaking shopping season.
Amazon's stock price is positively impacted by strong performance in e-Commerce and Cloud sectors. The success of Black Friday and the potential for a record shopping season due to moderating inflation further support the stock's upward trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100