Amazon Stock Could Go to Almost $3 Trillion Next Year, According to 1 Wall Street Analyst

Amazon (NASDAQ: AMZN) is the fourth-largest company on the stock market by market capitalization, but it's way behind the top three -- Apple, Nvidia, and Microsoft, which have all traded the top spot over the past year and are all worth more than $3 trillion. Amazon's market cap is closer to $2 trillion, quite a wide gap.But could that be changing? Amazon has incredible opportunities in artificial intelligence (AI), and its stock is up 35% this year, outdoing its larger peers, except for Nvidia. Wall Street overwhelmingly sees Amazon stock as a buy, and one Wall Street analyst thinks it's going to $285 over the next year or so. That's 39% higher than its price today, and it would push Amazon's market cap to just about $3 trillion. Let's see how that could happen.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool