Amazon Stock Analysis

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Amazon Stock Analysis

Amazon (Amzn) Stock Will Join $3 Trillion Club?

Amazon (AMZN) stock has a market cap of $2.45 trillion and is now very close to the $3 trillion club. A lot of analysts think that Amazon (AMZN) stock has what it takes to join the ranks of Alphabet, Apple, and Nvidia.

In fact, some analysts also think that Amazon (AMZN) is just getting started and it has the potential to do a lot more! So in the near future, there's a chance that Amazon (AMZN) might be even bigger than Apple, Alphabet, and other tech companies.

Aws Continues To Grow At A Fast Pace

The most popular business of Amazon (AMZN) is its e-commerce platform, which pretty much sells everything you can imagine. But Amazon (AMZN) also has a very profitable cloud computing business called 'AWS'.

Another revenue driver for Amazon (AMZN) is its advertising division, which is also growing at a really fast pace. So, for an average investor, Amazon (AMZN) stock is also a good option because of its diversified business.

In fact, the demand for AWS has reached new highs amid the rise of AI services and products. Also, more companies are moving to cloud computing, which is yet another plus point for the Amazon (AMZN) stock.

According to analysts, there are not that many cloud providers that have the resources to build massive data centers. So, that's also something that goes in favor of Amazon (AMZN).

It would take Amazon around 20% growth to reach a market cap of $3 trillion. Given the strong growth rate of Amazon (AMZN), the firm will manage to reach the threshold by the end of 2026.

And if Amazon (AMZN) fails to reach the $3 trillion mark in 2026, then it is highly likely to achieve it in early 2027. So, there's no doubt that Amazon (AMZN) stock is just getting ready to join the ranks of the big players like Alphabet, Apple, and Microsoft.

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