Up 20% In 6 Months, Is Amazon Stock A Buy Ahead Of Q2 Earnings? (NASDAQ:AMZN)

Category: Finance

Amazon is set to release its Q2 2024 earnings report, with expectations high due to strong performance in AWS and Ads. Despite a recent stock pullback, analysts remain bullish, projecting revenues of $148.72B and EPS growth of 57% year-over-year. The company is viewed as a solid investment, with a 'Buy' rating at $177 per share, as it continues to show strong fundamentals and growth potential in e-commerce, digital advertising, and cloud services.

Keywords: Amazon, Q2 2024 earnings, AWS

Source: Seeking Alpha

Update At: 8/2/2024

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