One equities analyst is going all out on his bullish thoughts about Amazon stock (NASDAQ: AMZN), saying the company has the makings of what it takes to command $5,000 a share by 2025. That would put the company’s valuation at $2.5 trillion. It would also make it the first ever to reach that level, according to Doug Kass, president of Seabreeze Partners Management. He sent out an email to his firm’s clients with his opinions. Kass and Seabreeze Partners aren’t the only ones who are bullish on Amazon, but they are in a class by themselves with the mammoth $5,000

The post $5,000: Why Amazon Stock is Primed for a Parabolic 175% Rally appeared first on CCN

Source link

Leave a Reply