Prediction: Here's How Much Amazon Will Be Worth in 2030
Amazon (NASDAQ: AMZN) ranks as the fourth-biggest stock traded on U.S. exchanges. Its market cap hovers near $1.5 trillion. But just how much bigger can Amazon realistically grow?
That question isn't easy to answer. Over the last seven years, Amazon's market cap has exploded 6x higher including the gain of more than 70% so far in 2023. Could the company do it again over the next seven years? Probably not, but I still expect significant growth. Here's my prediction about how much Amazon will be worth in 2030.
There are multiple factors that make a stock price go up (or down). Over the long term, though, investors' expectations of future cash flows that are likely to be generated by a company make the biggest impact.
Source Fool.com
