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Here's Exactly How Amazon Stock Could Double Again by 2030 [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Generating 100% returns isn't as easy with a market cap of nearly $1.9 trillion. It's not impossible, though. Here's exactly how Amazon's stock could double again by 2030. 1. Get some macroeconomic help Amazon can't double on its own. It needs some macroeconomic help. In particular, the chances that Amazon stock will double over the next six and a half years improve significantly if the U.S. avoids a prolonged economic recession. During the Great Recession , Amazon's stock plunged as much as 65%. A repeat of such a steep decline would definitely make it harder for shares of the e-commerce and cloud services giant to soar 100% or more by 2030. The ideal environment for Amazon would be low inflation, low unemployment, and robust economic growth in the U.S. and other major markets where the company operates. The stronger the global economy is, the greater the probability Amazon's stock will double. 2. Benefit from a massive AI tailwind A booming economy alone likely won't be
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