Amazon

One sentence overview: The world’s largest ECommerce Amazon with a superior logistics supply chain with Amazon Web Services becoming a large contributor to the bottom line.

Amazon Ticker     AMZN

5/27/2020 Stock Price: $2410 

5/27/2020 Market Cap: $1.2T

Total Shares Outstanding Recent Quarterly Report: 499 million shares

 Amazon Investor Relations Page

https://ir.aboutamazon.com/overview/default.aspx

Amazon SEC Page

https://www.sec.gov/cgi-bin/browse-edgar?CIK=amzn&owner=exclude&action=getcompany

Amazon Glassdoor Ratings

https://www.glassdoor.com/Overview/Working-at-Amazon-EI_IE6036.11,17.htm

Amazon Overview

Amazon.com, Inc. is an American multinational conglomerate technology company based in Seattle that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. 

Amazon is known for its disruption of well-established industries through technological innovation and mass scale. It is the world’s largest online marketplace, AI assistant provider, and cloud computing platform as measured by revenue and market capitalization. Amazon is the largest Internet company by revenue in the world. It is the second largest private employer in the United States and one of the world’s most valuable companies.

Amazon was founded by Jeff Bezos in Bellevue, Washington, on July 5, 1994. The company started as an online marketplace for books but expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewelry. In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization. In 2017, Amazon acquired Whole Foods Market for $13.4 billion, substantially increasing Amazon’s footprint as a physical retailer. In 2018, Bezos announced that its two-day delivery service, Amazon Prime, had surpassed 100 million subscribers worldwide.

Amazon distributes downloads and streaming of video, music, and audiobooks through its Prime Video, Amazon Music, Twitch, and Audible subsidiaries. Amazon also has a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, and a cloud computing subsidiary, Amazon Web Services. It produces consumer electronics including Kindle e-readers, Fire tablets, Fire TV, and Echo devices. In addition, Amazon acquisitions include Ring, Twitch, Whole Foods Market, and IMDb. Among various controversies, the company has been criticized for technological surveillance overreach, a hyper-competitive and demanding work culture, tax avoidance, and anti-competitive practices.

Products

The big components of Amazon business are: the Amazon website, Amazon Prime and Amazon Web Services.

Business and Financial Drivers

Future Outlook

The 45 analysts offering 12-month price forecasts for Amazon Inc have a median target of 2,700.00, with a high estimate of 3,000.00 and a low estimate of 1,840.00. The median estimate represents a +10.86% increase from the last price of 2,435.56.

Disclaimer: I do not have any formal recommendation for or against this stock, so don’t buy or sell stocks based solely on what you read.

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