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AMAZON STOCK TO RALLY DURING THANKSGIVING SEASON!

By Mbixen
Updated
Given Amazon's robust performance in the third quarter of fiscal year 2024, with a notable increase in revenue and same-store sales, we anticipate a strong holiday shopping season. The company's raised sales forecast for the fiscal year, projecting a 4.8% to 5.1% increase, further supports this positive outlook. Amazon's emphasis on value and convenience, including enhanced e-commerce capabilities, is expected to attract significant value-seeking shoppers during the Thanksgiving period. With a history of strong holiday sales and positive consumer sentiment, Amazon's stock is well-positioned to rally during the Thanksgiving season!!
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