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Here's Exactly How Amazon Stock Could Double Again by 2030

TheMotleyFool

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Here's Exactly How Amazon Stock Could Double Again by 2030: https://g.foolcdn.com/editorial/images/774557/woman-in-it-data-center.jpg

Amazon (NASDAQ: AMZN) stock has more than doubled since the beginning of 2023. So far in the 21st century, it has doubled five times plus additional big gains.

Generating 100% returns isn't as easy with a market cap of nearly $1.9 trillion. It's not impossible, though. Here's exactly how Amazon's stock could double again by 2030.

Amazon can't double on its own. It needs some macroeconomic help. In particular, the chances that Amazon stock will double over the next six and a half years improve significantly if the U.S. avoids a prolonged economic recession.

Source Fool.com

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