Gold and Silver Prices Hit New Highs; Amazon's 2026 Outlook Optimistic
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Yahoo Finance
- Safe Haven Demand Rising: Gold and silver prices reached new highs on Wednesday, reflecting an increased demand for safe-haven assets as investors seek refuge amid uncertainties in the U.S. economic outlook, potentially leading to declines in other asset classes and driving up precious metal prices.
- Economist Insights: Wilmington Trust's chief economist Luke Tilley noted that the current market's demand for safe havens is propelling gold and silver prices upward, while he maintains a neutral stance on equities, awaiting further developments in the economic environment.
- Amazon's Investment Outlook: Argent Capital Management portfolio manager Jed Ellerbroek identified Amazon as his top investment idea for 2026, anticipating accelerated growth in its cloud computing segment and rising margins in its retail business, projecting earnings growth of 20% to 30% over the next five years.
- Market Sentiment Shift: While optimism for the stock market has waned, Ellerbroek's confidence in Amazon indicates that despite challenges such as slower cloud growth and tariffs, the company remains competitively strong and well-managed under CEO Andy Jassy.
Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMZN is 294.71 USD with a low forecast of 250.00 USD and a high forecast of 340.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
43 Analyst Rating
40 Buy
3 Hold
0 Sell
Strong Buy
Current: 236.650
Low
250.00
Averages
294.71
High
340.00
Current: 236.650
Low
250.00
Averages
294.71
High
340.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
