Where Will Amazon's Stock Be in 5 Years?
2022 was a year to forget for Amazon (NASDAQ: AMZN), which lost roughly half its market value as investors fretted over the slowing growth of its e-commerce and cloud platform businesses. But over the past five years Amazon's stock has still risen nearly 50% and outperformed the S&P 500.
Could this drawdown represent a promising buying opportunity for investors who can tune out all the near-term noise? Let's reevaluate Amazon's growth trajectory, its near-term challenges, and where it might be headed over the next five years.
Image source: Amazon.
Source Fool.com
