From Nasdaq: 2025-01-10 10:51:00

Amazon’s stock has been a top performer, gaining over 50% in 2024. While it’s consolidating now, a breakout may be on the horizon, making it a stock to watch in Q1 2025.

Amazon has been exceeding expectations with record revenue growth and strong operating income. Analysts remain bullish on the stock, with price targets indicating potential for a 20% upside.

Amazon’s upcoming earnings report will be crucial in justifying its valuation. Any signs of slowing growth could impact the stock, but its track record suggests a potential rally to record highs.

Technical indicators suggest Amazon is set for a breakout, with strong fundamentals and analyst sentiment supporting its potential. With upcoming catalysts like its earnings report, Amazon is an exciting prospect for 2025.



Read more at Nasdaq:: Why Amazon’s Next Earnings Could Trigger a Stock Breakout