/Amazon%20Box%20Delivery.jpg)
Amazon (AMZN) said its Q3 sales rose 11% net of currency changes, but its free cash flow was up 170% from the prior quarter. Moreover, its FCF margin spiked. That implies AMZN stock could rise further.
As of Nov. 7, AMZN stock is at $142.81 per share, which is near its highs over the last year. This article will explore why AMZN could rise even further based on its free cash flow growth.