The electronic commerce giant, Amazonis one of the great Big Tech and belongs to the select group of the «Seven magnificent.» Jeff Bezos’ firm faces several obstacles such as Tariff war and one demand for alleged monopolistic practices by the Federal Commerce Commission and 17 US State General Prosecutors. Despite this, the company still presents positive arguments To invest in it.
To start according to data from The Motley Fool. are Investment in artificial intelligence or AI It is in its beginnings and has had a great impact thanks to being the largest provider of cloud services.
Its main business, the Electronic commerceit is the one that offers most income and has an enormous growth potential.
Your incursion into the health sector It is presented as one of the most important growth areas for Amazon by expanding its electronic commerce towards online pharmacies. Without forgetting your plans to transform into a health service provider.
He Kuiper projectits satellite Internet service that aims to rival Starlink from Elon Musk, would start at the end of the year.
To support all these initiatives, Amazon needs a lot of money and has a liquidity that exceeds 94,000 million dollars.
In addition, its a priori price does not seem attractive with almost 34 times the profits of the last 12 months and more than 32 times future profits. But it is presented as a Cheap option If we take into account the levels seen to early 2009.
What do analysts say?
According to Tipranks, Amazon It has the Review of 48 analysts divided into 47 purchases and 1 maintain. The average objective price is $ 241.64, with a maximum forecast of $ 305 and a minimum prognosis of $ 195. The average objective price represents a variation of 11.37% compared to the closing of Monday.
Brian Nowak, analista de Morgan Stanleyrecommends comprar With an objective price in the 250 dollars.
Ross Sandler, Barclays Analystrecommends comprar With an objective price in the 240 dollars.
Amazon He closed on Monday up at $ 216.92. The 70 and 200 periods are maintained below the last candles, RSI upwards at the 69 points and the MACD lines above the zero level.
Long -term resistance is found at $ 242.51. Meanwhile, IE indicators are mixed.