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Will Amazon Finally Hit This Momentous Milestone in 2024?


Investors were worried about Amazon (NASDAQ: AMZN) when sales growth dipped in 2022 and the company posted its first annual loss in almost a decade. But if you followed Warren Buffett's advice to be greedy when others are fearful, your investment would be up almost 125% since the stock price bottomed out in early 2023.

Amazon is back in the market's favor now that sales growth is heating up and profitability is soaring. Even more, it has massive opportunities as it develops robust artificial intelligence (AI) services. With sales rising, Amazon could hit an important milestone this year.

Amazon is the second-largest company in the U.S. by sales, trailing only (NYSE: WMT).

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Source Fool.com

Walmart Inc. Stock

€58.97
-0.840%
The price for the Walmart Inc. stock decreased slightly today. Compared to yesterday there is a change of -€0.500 (-0.840%).
With 68 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
Based on the current price of 58.97 € the target price of 156 € shows a potential of 164.54% for Walmart Inc. which would more than double the current price.
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