5 Stocks That Could Be the Next Amazon
- Stocks That Could Be the Next Amazon: Square (SQ)
- JD.com (JD)
- Shopify (SHOP)
- Roku (ROKU)
- Chegg (CHGG)
Full Answer
Is Amazon a good stock to buy?
Key Points
- Inflation and the supply chain are directly impacting Amazon's ability to generate cash.
- Despite the headwinds, the company is investing aggressively into new avenues such as entertainment.
- Amazon's cloud business could be its next $100 billion revenue stream.
Should you buy Amazon stock?
The Motley Fool owns and recommends Alphabet (A shares), Amazon, Apple, Microsoft, Nvidia, Tesla, and The Trade Desk. The Motley Fool recommends Alphabet (C shares) and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
How to trade Amazon like a penny stock?
Taking risk into consideration, there are some great bets here
- Stocks Growing Faster Than Amazon: Neurocrine Biosciences (NBIX)
- Square (SQ)
- American Homes 4 Rent (AMH)
- Palo Alto Networks (PANW)
- Axon Enterprise (AAXN)
- Facebook (FB)
- Tandem Diabetes Care (TNDM)
- Etsy (ETSY)
Why to buy Amazon stock?
- Revenue: $113.08 billion versus $115.06 billion expected
- Diluted EPS: $15.12 versus $12.22 expected
- Amazon Web Services (AWS) Revenue: $14.81 billion versus $14.18 billion expected
What company could be the next Amazon?
The list includes: online car seller Carvana (CVNA), artificial intelligence lending platform Upstart (UPST), connected exercise company Peloton Interactive (PTON), zero-commission brokerage Robinhood Markets (HOOD), buy-now-pay-later platform Affirm (AFRM), crypto exchange Coinbase Global (COIN), EV start-up Rivian ...
What can I buy instead of Amazon stock?
10 “Amazon Stocks” You Can Buy Instead of AmazonNetflix. With a share price of just under $335, Netflix continues to be an attractive alternative to Amazon.MarketAxess Holdings. ... TranfsDigm Group. ... Abiomed. ... Broadcom. ... United Rentals. ... Regeneron Pharmaceuticals. ... Align Technology. ... More items...
What new companies are like Amazon?
At this pace, you can expect this giant to take away even more Amazon business in the coming years.Alibaba / Aliexpress. Alibaba is a China-based online retailer. ... Otto. Otto is a European online retailer. ... JD. Formally 360buy, JD (Jingdong) is another Chinese ecommerce business. ... Flipkart. ... Rakuten. ... Newegg.
What company is like buying Amazon in 1997?
The opportunity to get into Amazon when its market cap was just $438 million is gone forever. “The good news – there's a recently-IPO'd e-commerce microcap eerily similar to Amazon in 1997. “Like Amazon in 1997, it's an online e-commerce marketplace that's ambitious… yet incredibly small.
What is the new Amazon stock?
Amazon.com Inc. Stock Quote (U.S.: Nasdaq) MarketWatch....$ 109.60.CloseChgChg %$109.563.353.15%
What company could be the next Apple?
Airbnb has brand staying power that could eventually rival Apple. It's a longshot to become the world's largest public company by 2035, but it has an entire world of potential customers with which to build its foundation.
Who is Amazon's biggest competitor?
Top 8 Amazon competitorseBay.Alibaba Group.Walmart.Rakuten.Otto.JD.Flipkart.Netflix.More items...•
What company is bigger than Amazon?
The two brands compete on everything from innovation to digital growth, logistics and sustainability. Walmart saw a massive revenue of $524 billion in 2020, which was $138 billion more than Amazon's $386 billion that same year.
Where is Amazon stock headed?
Stock Price Forecast The 45 analysts offering 12-month price forecasts for Amazon.com Inc have a median target of 175.00, with a high estimate of 210.00 and a low estimate of 107.00. The median estimate represents a +58.20% increase from the last price of 110.62.
Is worth 35 Amazons?
The CEO of ARK Investments takes Bezos' statement one-step further: “We think [it] could approach $17 trillion in market cap — which would be 35 Amazons.” WHAT in the world could be worth 35 Amazons? The answer is a radical breakthrough that Wired says is “the rocket fuel of the AI boom.”
Is it a good time to buy stock in Amazon?
Amazon (NASDAQ:AMZN) stock is a good buy now because its stock split could provide short term momentum, it has one of its lowest valuations in recent years, and AWS remains a great business with a lot of growth left.
How much would it cost to buy Amazon?
Answer by Kynan Eng, who works in brain-related research & commercialization at universities and startups. It would cost about $12.86 billion to buy one of everything on Amazon.
Is Workday as famous as Amazon?
Workday is never going to be as famous as Amazon, or as large. But if its strategy works, it will be as important to, and as embedded with, its corporate customers as Amazon is with its consumers. As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace.
Is Amazon expanding its reach?
First, Amazon has vastly expanded its reach. What originally was just an online bookseller now has its hands in everything from cloud computing to online media to groceries, and its shadow is even larger. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. The 10 Best Stocks for 2019 -- So Far.
Why is Amazon so successful?
One of the things that has made Amazon so successful is that they have been able to expand their business to cater to a very wide variety of customers.
How much is Alibaba worth?
They had the largest IPO in the world at the time, valued at $231 billion. Alibaba has had some shortcomings in the past year, and investors should be aware of this before they buy. In December 2020, Chinese market regulators started investigating Alibaba for their monopolistic practices.
Is Mercadolibre stock expensive?
It’s important to note that MercadoLibre stock is already very expensive, and they have a high market cap of 68.55 billion. This means they may not be accessible to every investor, and the ceiling for their growth is lower than Amazon’s was. However, the stock has dipped after hitting a peak in February.
Will Airbnb increase sales?
This means there will likely be a significant increase in sales for Airbnb over the rest of the year. Airbnb offers unique lodging options that are hard to find anywhere else. It has put pressure on the hotel industry in a way that other travel companies haven’t quite managed to do.
Is Alibaba a stock?
Alibaba is a stock that is often compared to Amazon due to their similar business model. They are a technology company based in China that runs a massive e-commerce platform and offers a variety of services including cloud computing, digital payments, and even artificial intelligence.
Is Jeff Bezos the richest man in the world?
Founder Jeff Bezos is now the richest man in the world, and Amazon has completely changed standards for both e-commerce and brick and mortar retailers. This growth also meant that their stock price skyrocketed. Investors who bought Amazon before it took off saw massive returns.
Is the stock dork reader supported?
The Stock Dork is reader supported. We may earn a commission, at no additional cost to you if you buy products or signup for services through links on our site.
When did Amazon go public?
Amazon was a small-cap stock that had just gone public on May 15, 1997 when David Gardner first published his detailed, 4,250 word "buy" report on Amazon 's ( NASDAQ:AMZN) stock AND added shares to his portfolio.
Who predicted Jeff Bezos's vision for Amazon?
David predicted Jeff Bezos's vision for Amazon. David told investors "Amazon is about more than just books.". Amazon had been public for just 4 months when David issued this bold "buy" recommendation but boy, did it pay to listen . A mere two weeks after David recommended buying shares of Amazon, the stock had already surged more than 41%.
Who makes the axon?
Axon was created in 2017 by the union of Taser, Dextro and the machine-vision technology arm of Fossil Group.
Is Amazon a steamroller?
There’s no denying Amazon ( NASDAQ: AM ZN) is a steamroller of a company, maintaining a growth pace that was once thought impossible. Not only was its top-line growth an impressive 17% last quarter, the e-commerce giant has finally found long-elusive profits.
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