Why I think AMZN is amazing:
Amazon is basically dominating every industry and doesn’t seem to be slowing down in trying to dominate more. It’s slowly but surely killing stores like Macy’s and JC Penney and even slowing down the growth of dominant delivery firms like Fedex and UPS.
And furthermore, it’s not even trying to make a profits yet. It’s focused more on earnings growth. There are still many things that they can monetise further like AWS. Once Amazon becomes a habit in people’s life, they can start charging higher prices and make even more money. Amazon is less like a huge player in the game, and more like the game itself. It’s literally trying to be every company.
The only stopping AMAZON’s dominance seems to be the government.
But why isn’t everyone stocking up on AMZN? When it’s obviously going to be the most expensive company soon?
The market cap can easily be the first company to reach $2trillion.
What are your thoughts?
Submitted May 09, 2019 at 05:21AM by sgfinancialmartinet http://bit.ly/2V7FZbr
