3 Reasons Amazon Stock Could Soar After Its Split

jayc
2022-06-07

$Amazon.com(AMZN)$

1. AWS is a beast

When most people think of Amazon, they understandably think of its massive e-commerce business. The online retail leader commands the lion's share of many global e-commerce markets. For example, roughly 57% of all online retail purchases in the U.S. are made on Amazon's platform, according to digital payments research company PYMNTS. So the company's e-commerce sites are how many people engage with its services every day.

2. Advertising is booming

Digital advertising is another often-overlooked profit driver for Amazon. With so many consumers beginning (and often ending) their online shopping searches on Amazon, the company's ad platform has become an indispensable marketing tool for countless third-party merchants.

3. The stock is cheap

The broad market sell-off has battered the prices of even the best businesses this year. That includes Amazon, which has seen its share price shed more than a quarter of its value since the beginning of the year. 

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Comments

  • HHM13
    2022-06-08
    HHM13
    Yes, after the stock split, the stock looks more attractive to retail investors, like me!!
  • TKPK
    2022-06-09
    TKPK
    cool, waiting to buy more
  • EdwardLe
    2022-06-09
    EdwardLe
    Is Amazon also a cloud service provider?
  • lappiloco
    2022-06-08
    lappiloco
    amazon's back in the forefront
  • ChernTiong
    2022-06-09
    ChernTiong
    slowly adding when it dips
  • adeley
    2022-06-09
    adeley
    really? pe considered high?
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