In: Economics
would you recommend to invest in amazon? what your recomendation is based on
I would like to invest in Amazon. Firstly, the company has strong fundamentals. It is the leading company in the business. It enjoys tremendous customer loyalty. It has a highly efficient management, supply chain, and employees. Therefore, the company is expected to perform well. Secondly, Amazon is facing increasing demand due to its successful expansion strategies. Thirdly, the sales of the company are growing at a high rate. The revenue of the company was $177.8 billion in 2017 as compared to $135.99 billion in 2016. Fourthly, The company is highly innovative.It is able to leverage technology efficiently and develop innovative products. The technological innovation of the company provides it high future prospects. Fifthly, the company is reputed for having excellent corporate governance practices. Sixthly, the stock price of the company has been growing at a rapid speed.
Therefore, I think it is worth investing in the company as its stocks are expected to perform well in the future.