Amazon (NASDAQ: AMZN) stock might be down 44% from its all-time high right now, but it's still the fifth most valuable company in the world, with a market capitalization of $1.06 trillion. It's trailing its American peers in the technology sector, like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT) and Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), yet in 2022, Amazon generated more revenue than all of them. With that in mind, there's a clear path for Amazon to achieve a $5 trillion valuation in the next 10 years. Read More...
Amazon (NASDAQ: AMZN) stock might be down 44% from its all-time high right now, but it’s still the fifth most valuable company in the world, with a market capitalization of $1.06 trillion. It’s trailing its American peers in the technology sector, like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT) and Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), yet in 2022, Amazon generated more revenue than all of them. With that in mind, there’s a clear path for Amazon to achieve a $5 trillion valuation in the next 10 years.
