Amazon Just Gave Investors Yet Another Reason to Buy Its Stock Hand Over Fist
Amazon (NASDAQ: AMZN) has soared more than 50% so far in 2023. It's skyrocketed more than 8x over the last 10 years.
It could go even higher, according to Wall Street. Of the 47 analysts surveyed by Refinitiv in September, 43 rate Amazon as a buy or strong buy.
Investors wanting to buy the stock shouldn't have a hard time finding a justification for doing so. And Amazon just gave them yet another reason to buy its stock hand over fist.
Source Fool.com