Added to YB: 2024-02-08
Pitch date: 2024-02-07
AMZN [bullish]
Amazon.com, Inc.
+31.19%
current return
Author Info
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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
$2.4T
Pitch Price
$169.65
Price Target
200.00 (-12%)
Dividend
N/A
EV/EBITDA
15.71
P/E
31.45
EV/Sales
3.54
Sector
Broadline Retail
Category
growth
Amazon Can Reclaim All-Time Highs In 2024
$AMZN rebounded 2x in 14mo after 55% drop; path to $200 in '24. Q1 showed profitable NA segment, slimmer intl losses, record FCF & rev growth. AWS expands globally w/ AI integrations. Holiday sales & logistics shine. Risks: slowdown, $MSFT/$GOOG rivalry. Bullish on AWS, cash flow >$50B in '24, buybacks.
Read full article (7 min)