The e-commerce giant is grappling with higher costs.
Wall Street is confident that Amazon (AMZN +0.55%) can right the ship after overinvesting in capacity during the pandemic. Indeed, analysts think Amazon stock has a 31% upside from here.
*Stock prices used were the afternoon prices of April 18, 2023. The video was published on April 20, 2023.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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