Should You Follow the Stampede Into These Stocks?
Momentum investors can cause a stock to surge as everyone rushes in to buy up its shares -- just look at the price action of pretty much any IPO. But following the crowd can cause disaster, too, like lemmings running off a cliff.
We asked three Motley Fool investors to offer up a stock that has seen momentum pushing its stock higher. Read on to find out whether you should join in the stampede into Plug Power (NASDAQ: PLUG), Whole Foods Market (NASDAQ: WFM), and Sears Holdings (NASDAQ: SHLD).
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Source: Fool.com
Amazon.com Inc. Stock
The stock is an absolute favorite of our community with 153 Buy predictions and no Sell predictions.
As a result the target price of 192 € shows a positive potential of 23.52% compared to the current price of 155.44 € for Amazon.com Inc..