Amazon Can Be a $3 Trillion Company. Why Its Stock Is One to Buy and Hold Forever.

Amazon.com

is going to get bigger. Maybe a lot bigger.
In a research note this past week, Jefferies analyst Brent Thill laid out a case for how Amazon (ticker: AMZN) can reach $5,700 a share over the next three years, a potential 70% gain that would boost the company’s valuation to nearly $3 trillion.
Now to be clear, Thill is not making a short-term call on the company’s March quarter earnings report. In fact, he’s a little nervous that […]
Amazon Can Be a $3 Trillion Company. Why Its Stock Is One to Buy and Hold Forever.