Amazon in Charts: 3 Things Savvy Investors Should Know After Q3
2023 has proven to be another dynamic year for the market. Early on, many pundits were sure in their predictions of a recession, but it never materialized. In fact, gross domestic product grew 5% last quarter, surprising many.
But make no mistake, this is a challenging economy. Interest rates are high, and consumers are stretched (credit card debt is at an all-time high!). Alphabet's stock price plummeted after its third-quarter earnings release in late October, and this made me a little edgy waiting on Amazon's (NASDAQ: AMZN) Q3 results, which came out a few days later. Instead, Amazon turned the tide (See chart below. The "E" indicates earnings releases on the charts).
Source Fool.com
Alphabet Inc. A Stock
€175.12
0.270%
With 88 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 186 € there is a slightly positive potential of 6.21% for Alphabet Inc. A compared to the current price of 175.12 €.
