Amazon's stock predicted to grow over three years due to cost-cutting, AI-driven growth, and customer focus.
Amazon's stock is predicted to grow over the next three years due to cost-cutting, AI-driven growth, and focus on customer experience. Shares have seen a 23% YTD surge, with a 13% first-quarter revenue increase and over 200% jump in operating income. AWS division remains a high-margin expansion opportunity. Continuous cost-cutting and AI investments are expected to lead to sustained profitability improvements, outperforming the market.
June 16, 2024
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