Who would have thought that a little company that was barely a two-man operation at one point – would go on to become one of THE largest companies in the world?
There’s a famous picture of Jeff Bezos from back in 1999 – where he’s working away at a desk with a spray-painted piece of paper that says “Amazon” – posted to the wall just above the very cluttered desk in a very non-descript office…
He was there at the birth of the internet – looking for a way to make money from this fledgling innovation – and here we are 30 years later (from the boom of the internet) and he’s one of the world’s richest men.
He had a vision and stuck with it…
It has built the once-small company into the juggernaut it is today.
Looking at it objectively, it seems that there is NO way that this company could get any bigger…
But apparently, we’re wrong.
Apparently, we may just be scratching the surface with Amazon (AMZN)…
And what I’m about to share will make investors in this stock very VERY happy.
So, how does the company that’s grown almost exponentially since founder and CEO, Jeff Bezos, decided to branch out from just books and spread his wings into the retail market and become the FIRST trillion-dollar company…
Get bigger?
By doing more of the same.
The very nature of Amazon’s business – internet retail shopping – has BOOMED under the shadow of the COVID-19 pandemic…
It has been able to keep people safe by allowing them to shop from home – so it’s understandable to see why its stock has soared 85% since the beginning of the lockdowns.
They were able to do something Walmart and other grocery stores weren’t able to do…
And it’s put them in the driver’s seat on Wall Street as they STREAK toward becoming the first $2 trillion-dollar company.
While shares are sitting on the bottom half of the $3K right now…
What if I told you they could be almost $1300 per share HIGHER at some point in the very near future?
Well, it’s true…
Amazon stock just scored a major analyst upgrade from a pretty reputable equity research company – who boosted its price prediction from $3,950 to $4,500 per share…
An adjustment that’s a whopping 40% HIGHER than where the stock price is sitting now.
Can you imagine another 40% boost in Amazon’s share prices?
That’s absolutely nuts…
And what’s funny is – you won’t believe where that extra value is hiding.
It’s not in some new product, warehouse strategy, or shipping innovation…
But in the fact that OTHER companies are looking to spend BIG money advertising on the platform.
One analyst gives explains that sponsored listings make up between 85% and 90% of Amazon’s business model – revealing that it’s Amazon’s ad business that’s huge profit stream, saying, “an advertiser pays for higher placement within the sort order, the user stays on Amazon, and Amazon keeps the transaction and transaction data.”
And in the digital age – this is how companies have smartly set up their revenue streams…
Which is why this analyst thinks that Amazon is the “best mega-cap on a multi-year basis.”
Here’s the best part…
That 40% is a long-term growth potential – but even in the SHORT term, there’s a HUGE growth potential as the annual Prime Day event is occurring
What’s Prime Day?
Prime Day is the day (well, two days now) that Amazon discounts a lot of its inventory and allows people to buy some products cheaper than they ever thought possible.
And people end up spending a LOT of money over that 48-hour-period…
And today and tomorrow– Amazon is taking in all kinds of cash – which will end up showing that profit reflected in a price spike in the stock.
This makes RIGHT now the absolute best time to buy Amazon…
As it could be higher VERY soon.
The only question is – will you be there to profit?
If you haven’t already, do yourself a favor and take a good hard look at the stock – it could be the best thing you do for your portfolio in 2020.
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“There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.” – Jeff Bezos
