$Amazon.com(AMZN)$AMZN is rapidlyentering the healthcare sector, which was worth $808 billion in the U.S. alone last year, according to one estimate. I believe that, by 2030, Amazon could get 5%-10% of the total healthcare market by getting into the telehealth and prescription markets.

Add in some overseas healthcare revenue, and we’re talking about a business that could easily generate $100 billion of annual revenue for AMZN within five years, moving the needle a great deal for the company and its shares.

As I’ve noted in previous columns, I believe that Amazon’s new CEO, Andy Jassy, is much “hungrier” for success than his predecessor Jeff Bezos. Consequently, AMZN’s forays into businesses other than the cloud and e-commerce are far more likely to bear fruit in the coming years than in the past decade.

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  • smee
    ·2022-09-03
    good write up
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  • HelenJanet
    ·2022-09-03
    Thanks for sharing 👍😊
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  • CK11
    ·2022-09-03
    ok
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  • TheEndIsNear
    ·2022-09-03
    👍
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  • RG3
    ·2022-09-03
    👍🏻
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  • kktan
    ·2022-09-03
    ok
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  • threadfin
    ·2022-09-03
    [OK]
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  • LionKingAir
    ·2022-09-03
    Ok
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  • Greenhulk
    ·2022-09-03
    ok
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  • Jazim
    ·2022-09-03
    ok
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  • Limcc
    ·2022-09-03
    👍
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  • Darkvin1987
    ·2022-09-03
    OK
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  • Tonnie
    ·2022-09-03
    Ok
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  • xSorrymaker
    ·2022-09-03
    1
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  • Seah CL
    ·2022-09-03

    K

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  • victorlum
    ·2022-09-03
    nice:)
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  • KF73
    ·2022-09-03
    Ok
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  • Huatchin
    ·2022-09-03
    read
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  • YJ13
    ·2022-09-03
    good
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  • Dodonan
    ·2022-09-03
    👌🏼
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