Amazon Maintains Momentum: Analysts Bullish on E-commerce and Cloud Growth

# Amazon Stock Analysis: Current Performance and Future Outlook

Dive into our latest podcast episode where we analyze Amazon's current stock performance, trading at $244.20 USD with stable market activity despite a minor pullback from recent highs. Discover why analysts remain overwhelmingly bullish with most price targets between $270-290 over the next 12 months, and some optimistic forecasts reaching $315.

We examine Amazon's technical indicators showing positive momentum with gains of nearly 3% in the past two weeks and higher closes in 7 of the last 10 trading days. Learn about key support and resistance levels that traders are watching at $223 and $249 respectively.

Looking ahead, we discuss market expectations for Amazon's upcoming earnings report (expected EPS around $1.31) and analyze how increased AWS capital spending might impact future growth. Find out why Amazon's diverse revenue streams and strong market position make it a fundamentally low-risk investment despite potential short-term volatility.

Perfect for investors and market watchers looking to understand Amazon's current position and future potential in e-commerce, cloud computing, and digital advertising.

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This content was created in partnership and with the help of Artificial Intelligence AI