Amazon amzn stock price is trading near multi-month highs
Amazon AMZN stock price is trading near multi-month highs, with traders watching earnings guidance for confirmation of sustainable growth trajectory. While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. I agree to TipRanks Terms of use and Privacy Policy With upcoming Prime Day sales expected to boost revenue, analysts forecast Amazon AMZN stock price could retest $185 by mid-August if macro conditions remain stable.
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