Amazon stock is on an upward trend, with a $300 target. Despite being flat for the year, Amazon’s stock has risen 40% since April and is expected to retest all-time highs. Strong fundamentals, consistent earnings beats, and analyst support are driving the rally towards $300. Wall Street analysts are bullish, with price targets at $300 or above, signaling a new phase of growth for Amazon. While technical and macro risks remain, a break above $240 could trigger new buying momentum towards $300. Long-term investors could see this consolidation period as an ideal entry point before the next leg higher.

Read more at Yahoo Finance: Why Amazon Could Be a $300 Stock Within Weeks