Amazon Stock Insights & Analysis for 2024

Key Points

  • Amazon stock offers investors a new opportunity to participate in the world's fastest-growing trends without the risks and volatility associated with these growth trends. 
  • The company's reach in global markets is crystalized by its market share in both E-commerce and cloud computing services. This crown is likely not going to tumble. 
  • Current valuations and price targets make the stock a bargain that may even retrace to a better entry for buyers. 
  • 5 stocks we like better than Wells Fargo & Company

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Should you invest $1,000 in Wells Fargo & Company right now?

Before you consider Wells Fargo & Company, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wells Fargo & Company wasn't on the list.

While Wells Fargo & Company currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Amazon.com (AMZN)
4.8848 of 5 stars
$184.70+0.6%N/A51.74Buy$211.62
Alibaba Group (BABA)
3.9289 of 5 stars
$88.56+2.1%1.11%20.64Moderate Buy$109.96
Walmart (WMT)
4.4967 of 5 stars
$64.68+1.0%1.28%33.80Moderate Buy$61.97
United Parcel Service (UPS)
4.8783 of 5 stars
$149.23-0.3%4.37%21.63Hold$165.23
Microsoft (MSFT)
4.8431 of 5 stars
$420.21-0.2%0.71%36.38Moderate Buy$454.70
Rivian Automotive (RIVN)
3.1781 of 5 stars
$10.50+3.7%N/A-1.82Moderate Buy$19.00
Wells Fargo & Company (WFC)
4.3841 of 5 stars
$61.08+0.0%2.29%12.75Hold$58.99
Compare These Stocks  Add These Stocks to My Watchlist 

Gabriel Osorio-Mazilli

About Gabriel Osorio-Mazilli

  • gosoriomazzilli@gmail.com

Contributing Author

Value Stocks, Asian Markets, Macro Economics

Experience

Gabriel Osorio-Mazilli has been a contributing writer for MarketBeat since 2023.

Areas of Expertise

Value investing, long/short trading, options, emerging markets

Education

CFA Level I candidate; Goldman Sachs corporate training; independent courses

Past Experience

Analyst at Goldman Sachs, associate at Citigroup, senior financial analyst in real estate


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