CKHon
2022-04-29

$Amazon.com(AMZN)$E commerce is not a business with high entrant barrier and moat. Lots of competitors. People spend more money in travelling rather than online shopping. Rivian will drag it's profitability down further. Not optimistic about the prospect 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • sekai
    2022-04-30
    sekai
    if the first thing you think of for Amazon is e-commerce, you should do more research on the company
    • CKHon: 
      Of course i know it has multiple businesses, but nobody deny that its largest pie is from e commerce. If u dont agree, u should do more research instead
  • AthenaVeblen
    2022-04-29
    AthenaVeblen
    It may not be very difficult to enter an industry, but it will be particularly difficult to develop well in this industry.
  • ElsieDewey
    2022-04-29
    ElsieDewey
    Amazon doesn't have many new highlights to invest in. I don't know if it is preparing any surprises for the market in private.
  • DaisyMoore
    2022-04-29
    DaisyMoore
    But Amazon has become the absolute number one of e-commerce! First place is hard to do!
  • Jennywawa123
    2022-04-30
    Jennywawa123
    👍
Leave a comment