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A Once-in-a-Decade Investment Opportunity: 1 Brilliant AI Stock Down 23% to Buy Before It Soars, According to Wall Street
Andy Jassy, CEO of Amazon (NASDAQ: AMZN), recently told analysts artificial intelligence (AI) was "probably the biggest technology shift and opportunity in the business since the internet." That alone puts investors in front of a significant opportunity.However, Amazon stock has declined 23% from its record high, pulling the price-to-earnings ratio down to its cheapest multiple in the past decade. But most Wall Street analysts anticipate a strong rebound in the next year. The median target price of $250 per share implies 34% upside from the current share price of $186.Here's what investors should know about Amazon.Continue reading
Andy Jassy, CEO of Amazon (NASDAQ: AMZN), recently told analysts artificial intelligence (AI) was "probably the biggest technology shift and opportunity in the business since the internet." That alone puts investors in front of a significant opportunity.
However, Amazon stock has declined 23% from its record high, pulling the price-to-earnings ratio down to its cheapest multiple in the past decade. But most Wall Street analysts anticipate a strong rebound in the next year. The median target price of $250 per share implies 34% upside from the current share price of $186.
Here's what investors should know about Amazon.
