Professional
Added to YB: 2023-12-22
Pitch date: 2023-12-22
AMZN [bullish]
Amazon.com, Inc.
+47.3%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
Market Cap
$2.5T
Pitch Price
$153.56
Price Target
210.00 (-7%)
Dividend
N/A
EV/EBITDA
16.24
P/E
32.54
EV/Sales
3.66
Sector
Broadline Retail
Category
growth
Show full summary:
Wedbush top internet pick for 2024 - $AMZN
$AMZN ads to hit $46.5B in '23 w/ more share gains ahead. Untapped opps: off-platform ads, Prime Video monetization in '24 (~$6.5B opp), non-endemic advertisers. Secular tailwinds + new ad formats to fuel growth. Top pick; PT to $210 on higher '24 ests.
Read full article (2 min)