For the first time ever since going public, Amazon's shares have hit the $1,000 mark. That means that for 2017, the stock is up 33% and had enriched Jeff Bezos and other stockholders to the tune of $120 billion. The company becomes only the second of the current S&P 500 companies to hit the $1,000 mark. The first to do it was Priceline back in 2013. Analysts see another 10% rise in the stock with the Wall Street consensus calling for the shares to hit a target of $1,100.If you consider Amazon to be a tech stock (more on that below) than all top five U.S. companies by market cap (share ...
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