Amazon (NASDAQ: AMZN) has seen a 14% decline in its stock this year, including a nine-day losing streak—the longest since July 2006. Historically, following similar declines, the stock rebounded significantly, gaining 128% over the next year. Currently, Wall Street views Amazon as undervalued, with no analysts recommending a sell; the median target price is $285, suggesting a 43% upside from the current price of $199. Investors should monitor these developments closely.
