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How to invest without relying on target prices

No one can control where the market is headed in the short term, but the allure of target prices persists

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    • Amazon Web Services has become a financial cash cow for Amazon, with nearly US$90 billion in annual revenue and US$24.6 billion in operating income in 2023..
    • Amazon Web Services has become a financial cash cow for Amazon, with nearly US$90 billion in annual revenue and US$24.6 billion in operating income in 2023.. PHOTO: AWS

    Chin Hui Leong

    Published Tue, Dec 10, 2024 · 05:44 PM

    THE US stock market is soaring to new heights. But what does that mean for your stock returns in 2025?

    I would like to give you a definite answer but if I did so, I would be lying to you. In fact, you should view anyone who gives you target prices with suspicion.

    Here’s the hard truth: No one can control where the market is headed in the short term. Yet, the allure of target prices persists.

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