last time $AMZN was even close to these levels was early August
maybe getting some legs under it...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
The user entered Amazon ($AMZN) at $222 with a price target of $250 by year-end, anticipating acceleration in AWS growth and no significant impact from tariffs on operating margins. The stock is currently trading around $226.65, up 1.01% YTD, making it the worst-performing Mag 7 stock. The investment thesis hinges on AMZN catching up to its peers and management addressing concerns about AWS growth and tariff effects.
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