Where Will Amazon Stock Be in 1 Year?
Amazon's (NASDAQ: AMZN) stock has risen nearly 80% over the past 12 months. The e-commerce and cloud leader grappled with a post-pandemic slowdown and tough macro headwinds in 2022, but its core businesses have been stabilizing.
Amazon still remains a few dollars below its record high of $186.12 set on July 8, 2021. But could it rally even more and set new all-time highs over the next 12 months?
Source Fool.com