Amazon, a world-known brand/company in the whole world. In this post, you are going to know about [Quick Guide] Amazon Stock Market – Amazon Stock Price.
What really is Amazon? let’s talk about it.
It is the world’s largest online retailer, an American multinational technology company in Seattle, Washington but is known and giving it’s services to every corner of the world.
Amazon Stock Market
It considered one of the BIG FOUR technology companies including Google, Apple, and Facebook. It found by Jeff Bezos on July 5, 1994.
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In the very beginning, Amazon was a bookseller company.
And now, it has expanded to sell consumer goods, digital media and it’s own electric devices also, such as Kindle, e-book reader, Kindle Fire tablet. Fire TV, etc.
Today, Amazon is a mountain of e-commerce, hardware, data storage, media, and many more things.
Amazon Stock Price Prediction
It heard that Amazon never cares about profits. Amazon did 136$ billion in sale in 2016. Amazon declared it’s Prime Day the “biggest global shopping event Amazon history.”
The stock has done phenomenally great. The report tells that an investor who put $100 into Amazon’s IPO has turned it into 63,990$ on the company’s 20th anniversary in 2017.
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Amazon promises two-day free shipping for all Prime customers ad-free two hours ‘Prime Now’ delivery in selected cities on more than 25,000 qualified items.
It is really a good move from Amazon, as it takes more than UPS and FedEx to make that happen.
Amazon stock continued it’s winning in 2017, jump 56% during the year 2017 beating the returns of stocks of Facebook, Netflix and Google parenting Alphabet.
Not only Amazon is running fast but also Apple is also fast.
Amazon Stock Price
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E-commerce sales as a percentage of total U.S. retail sales have been growing at a rapid clip, more than doubling in just over seven years to 9.1% in the third quarter of the year 2017.
Stock Market thinks that consumers, investors can make huge profits with Amazon.
The word ‘competition’ when it comes to business, is not a bad word. Businesses which make good profits are those which don’t face too much competition. which have market and pricing power?