I highly highly highly doubt that amazons AWS is driving their stock to record highs. The amount of revenue from AWS which has increased throughout the last few years is still small and relative to the massive market.xap on Amazon its nothing but liquidity at this point from fed printing that has taken over to create this unstoppable ride up.
Perfection once again Every single day they come out and raise the price target of one of the top weighted stocks that make up the nasdaq and s$p Today its NVDA and AMZN Have to keep rally going NO Matter what. Nvidia (NVDA) — An analyst at Rosenblatt Securities hiked his price target on the chipmaker to $500 per share from $400, implying an upside of 18.9% from Thursday’s close. The analyst said a “secular shift” into data-processing units and the company’s “entrance into new markets” will drive revenue growth for Nvidia in the years ahead. Amazon (AMZN) — Citigroup raised its price target on Amazon to a Street high of $3,550 per share from $2,700. The new price target implies an upside of more than 11% from Thursday’s close of $3,182.63. The analyst said Amazon’s share price will keep rising as the e-commerce market continues to grow.
Keep the rally going buy continously raising price targets of the biggest weighted stocks. Needham raises Apple price target to $450 on wearables, tied for highest forecast on Wall Street PUBLISHED WED, JUL 15 20209:21 AM EDT
Just bump it to $500 and say it will likely trade there someday...just a matter of time. Most of these analysts just chase price anyway.
S2000, when are you going to just bite the bullet and buy some AMZN shares? Don't be scared to do so because you thought you missed out after watching our favorite cheesy stock commercials from 20+ years ago...
Nothing like a good repeat of an old classic amazon commercial. I would be a buyer of amazon probably after a massive selloff, or maybe buy a fractional share after its dropped below 1800 or so. Im sure most will never ever think it could get there, but you never know. Are an amazon fun shareholder?
Uh ohhhh more stimulus talk by cramer. He says we desperately need it...really? After unemployment numbers are lookimg better each week? After one of the fed members said he sees 7% unemployment by end of 2020...how much stimulus do we need. Everyone knows the the stimulus is just for wallstreet and no one else. Keeps the rich and wealthy even more rich and wealthy. Yep more and more and more and more and more and more stimulus. I can guarantee you that the markets will cry like a little a bitch until it gets more stimulus. They will extend all unemployment and other stimulus programs just to keep wallstreet happy happy happy. https://www.cnbc.com/2020/07/15/cra...stimulus-is-a-must-despite-vaccine-hopes.html
Mmmm. For how long is this the peak? We had a NASDAQ peak in Feb. It busted through that last month after dropping like 35%. As for the SP and Dow? They are not far behind. Oh, I see, so basically 11,000 is the peak. So for how long will that NAS peak last? Amazon is why 2024, will be just like 1984.