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This could be the next catalyst for e-commerce powerhouse Amazon (AMZN) - CFRA

November 15, 2023 12:36 PM EST

CFRA Research analysts told investors in a note Wednesday that they believe $7 or more earnings per share could be the next catalyst for Amazon (NASDAQ: AMZN) stock.

The firm explained that with Amazon's rapidly growing profits and free cash flow, they believe more attention will be paid to traditional financial metrics, such as net income and EPS, as... More