Amazon’s business is doing quite well since the beginning. No other business has soared so high in just 25 years.
While 2020 has been a difficult year for all the companies and business organizations, Amazon emerged as the market leader.
The sales and revenue were going good during all the three quarters. Amazon not only made huge revenue from the increase in sales but helped the economy by boosting job opportunities.
In all, 2020 is a good year for Amazon. This company is going to do a good quarter four as well. So now it leaves us to discuss the future of the company.
Many experts predict that Amazon Stock value will go up in the year 2021 as the company seems to be growing each day.
Most of the investors wait for expert predictions in order to make the right investment decisions. So if you want to know whether you should invest in Amazon Stock or not, you need to know about the future of their business.
Amazon’s market cap is $1.6 trillion, so if the company plays the card right, they can do better in 2021.
Amazon Web Services:
Currently, Amazon is the leader in cloud computing. There are some competitors, but Amazon can easily tackle them. There are 1 million users who use this service. Amazon is ahead of other cloud-computing services. Some of the biggest names use this service. So the future of their web services looks quite bright.
Amazon’s Cloud Gaming:
Amazon has also started a cloud gaming business. Luna is the new venture by Amazon into the cloud gaming niche. The company will face competition from Xbox, Play Station and other gaming companies. Amazon is planning to do something good with Luna. It will support various games over Amazon’s cloud server. It is no doubt that Amazon will boom in this market with its seamless cloud computing. This business venture can open new doors for Amazon.
Amazon’s Advertising Business:
Nowadays, most of the people search for products on Amazon instead of Google. It provides more details about the products along with price and specifications. You can simply buy the product in one click. Because of this, most of the people are going with Amazon Ads. Their advertising business keeps growing every year.
Stock Split Might Affect the Price:
There are some speculations about Amazon stock split. It is not really a fact, but there is a possibility. Tesla and Apple went through a stock split. If it happens, the stock prices will fall. Currently Amazon Stock is around $3000. So if there is a split, the price might fall below $1000.
So, the future of Amazon business looks quite good for 2021. If there is no stock split, Amazon will rise above the others. You can check https://www.webull.com/newslist/nasdaq-amzn for amazon stock news.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.