Disclosure: I am long AMZN
On today's video we take a look at #Amazon #AMZN #Stock which just reported its Q3 financials. Taking a look at the last 2 quarters, Amazon has really pulled forward a tremendous amount of demand due to the health situation. I feel that some of this demand won't be recurring, however there's enough tailwinds behind Amazon that I feel it will easily become the most valuable company in the world within the next 18 months. The company's investments in fulfillment, which still accelerating, will likely hit a stride sometime next year - making Amazon even more dominant in the e-commerce business. Overall I feel their TAM and business momentum will surpass Apple stock as the most valuable.
On today's video we take a look at #Amazon #AMZN #Stock which just reported its Q3 financials. Taking a look at the last 2 quarters, Amazon has really pulled forward a tremendous amount of demand due to the health situation. I feel that some of this demand won't be recurring, however there's enough tailwinds behind Amazon that I feel it will easily become the most valuable company in the world within the next 18 months. The company's investments in fulfillment, which still accelerating, will likely hit a stride sometime next year - making Amazon even more dominant in the e-commerce business. Overall I feel their TAM and business momentum will surpass Apple stock as the most valuable.
- Catégories
- E commerce Amazon
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