Summary: Nasdaq could see a 19% surge in 2025 based on historical data and strong momentum in AI.

From Nasdaq: 2024-12-11 04:38:00

The Nasdaq Composite has surged 32% this year, driven by excitement around artificial intelligence. Historical data shows that after a strong year, the index tends to continue its momentum. If the Nasdaq gains at least 30% this year, it could see another 19% surge in 2025, according to past trends.

Analysts are bullish on Amazon (NASDAQ: AMZN), with 94% rating it a buy. The company dominates e-commerce and is poised to grow in digital advertising and cloud computing. Amazon’s AI tools, like generative AI, are boosting its ad business. The company’s AWS is a leader in cloud services, giving it an edge in AI.

Amazon’s third-quarter results exceeded expectations, with revenue up 11% and operating margin expanding. CEO Andy Jassy highlighted the strong growth in AWS’s AI business, which is projected to continue growing rapidly. Wall Street expects Amazon’s earnings to increase by 25% next year, making the stock valuation appealing at 49 times earnings.

With a market value nearing $2.5 trillion, Amazon still has room to grow. The company’s diverse revenue streams and focus on AI make it an attractive investment opportunity. Patient investors may find Amazon to be a compelling trillion-dollar AI stock worth considering.



Read more at Nasdaq: History Says the Nasdaq Could Soar in 2025: 1 Trillion-Dollar AI Stock to Buy That’s Highly Rated by Wall Street