Could Amazon Stock Gain 79% This Year? 1 Wall Street Analyst Thinks So.

Could Amazon Stock Gain 79% This Year? 1 Wall Street Analyst Thinks So.

Key PointsAmazon is planning to spend $200 billion in developing its AI platform this year to benefit from the shift to the cloud.It's launching new services in e-commerce and enhancing the ad business with AI, leading to robust performance.The Wall Street consensus is a high gain this year.10 stocks we like better than Amazon › The market has been down on Amazon (NASDAQ: AMZN) stock for a while now. It's down 12% over the past year despite robu…