AMAZON.COM, INC. Hits Price Target Forecast with 19.29% Profit Achieved
Published on December 11, 2024
On July 16, 2024, QuantWave's automated forecasting platform issued a long signal for AMAZON.COM, INC. with a price target of $230.26. The stock was trading at $193.02 at the time of the signal. Market analysis indicates that several factors contributed to the stock's movement, including strong quarterly earnings, increased subscription revenue, and growth in Amazon Web Services.
On December 11, 2024, the target price was reached, resulting in a profit of 19.29% for investors who acted on the forecast. This achievement highlights the accuracy and reliability of QuantWave's analytics in predicting stock movements.
QuantWave offers users access to predictions for a wide range of stocks, presenting opportunities for potential profits. For those interested in delving deeper into the investment strategy, QuantSchool provides a comprehensive professional investment framework that reveals key principles for generating consistent income using the QuantWave forecasting system.
On December 11, 2024, the target price was reached, resulting in a profit of 19.29% for investors who acted on the forecast. This achievement highlights the accuracy and reliability of QuantWave's analytics in predicting stock movements.
QuantWave offers users access to predictions for a wide range of stocks, presenting opportunities for potential profits. For those interested in delving deeper into the investment strategy, QuantSchool provides a comprehensive professional investment framework that reveals key principles for generating consistent income using the QuantWave forecasting system.
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