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

📆 24/05/2019 16:01:00
📰 CNBC

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

'We have a high degree of confidence that AMZN shares can reach this level with no major acquisitions or other significant changes to the business.'

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.

Écrire un Commentaire

Alibaba!

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

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

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks making the biggest moves premarket: Tesla, Amazon, Boeing, Under Armour & moreThese are the stocks posting the largest moves before the bell.
La source: CNBC - 🏆 12. / 72 Lire la suite »