Amazon shares will reach $3,000 in 2 years without the company really trying, Piper Jaffray says

Founder, Chairman, CEO and President of Amazon Jeff Bezos gives a thumbs up as he speaks during an event about Blue Origin's space exploration plans in Washington, U.S., May 9, 2019.Amazon shares will rally to $3,000 in about two years, making them worth nearly $1.5 trillion, without the company doing much differently than it is doing today, Piper Jaffray told clients on Friday.

Olson also noted that he's assuming decelerating growth in all major Amazon business lines and applying conservative multiples and still comes to this eye-popping conclusion. Using a sum-of-the-parts analysis, the analyst finds the retail side of Amazon's business is cheap.

Alibaba!

blockchain protection for your files or intellectual property with GetDeepOnion $ONION

Bitcoin will reach $1,000,000 in 15 months, John McAfee says

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stocks making the biggest moves premarket: Tesla, Amazon, Boeing, Under Armour & moreThese are the stocks posting the largest moves before the bell.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »