2 Ways To Play E-Commerce That Are Better Than Amazon
Amazon.com (NASDAQ: AMZN) has been the best performing stock on the market since its 1997 IPO, returning a whopping 50,000% over its history.
Today, the company is one of the most valuable in the world, up there with fellow tech giants like Apple and Alphabet, and has come to define the industry it pioneered: e-commerce. It's virtually synonymous with online shopping, and is a major reason why e-commerce is one of the fastest growing sectors in the market with sales growth of about 15% annually. Today, e-commerce has become such a threat to brick-and-mortar stores that traditional retail seems to be at a tipping point.
Source: Fool.com
Amazon.com Inc. Stock
With 144 Buy predictions and not a single Sell prediction Amazon.com Inc. is an absolute favorite of our community.
With a target price of 189 € there is a slightly positive potential of 9.88% for Amazon.com Inc. compared to the current price of 172.0 €.