From Yahoo Finance: 2025-04-01 08:49:00

Amazon’s stock may suffer from a U.S. consumer spending slowdown in the short term, but the long-term outlook is positive, with undervalued shares. The company’s retail business is growing globally, excluding China, and its advertising business is expanding. AWS generates $100 billion in sales annually and is expected to grow by 20% over the next five years.

Amazon’s valuation is lower than Walmart and Costco, with its retail business growing faster. Analysts believe Amazon’s stock is underappreciated and mispriced compared to its peers. Devitt has a price target of $280 and an Outperform rating on the shares, citing the stock’s potential in the long term.

While Amazon shows promise as an investment, some AI stocks may offer higher returns in a shorter timeframe. Consider exploring AI stocks trading at less than 5 times earnings for potential opportunities.



Read more at Yahoo Finance: Amazon’s (AMZN) Longer-Term Outlook Is “Very Good,” Wedbush Says