On Feb. 20, 2021, I recommended Amazon at $3,249.
What can I say about Amazon?
At $3249/share, AMZN is grossly underpriced. Yup, they’re underpriced. You might as well look at their current price like one of those 40%-off Black Friday sales.
Based on everything we know about Amazon, they’ll have a 3-trillion dollar market cap in less than a decade.
↬ eCommerce (Amazon.com, WOOT, Zappos, 6PM, etc.)
↬ Cloud Computing Services (AWS)
↬ Film/TV Production (Amazon Studios)
↬ Home Security (Ring, Alexa)
↬ HealthCare (Pillpack & unnamed Health Insurance co.)
↬ Groceries (Whole Foods)
↬ Streaming (Prime Video, Twitch)
Not to mention the rumored acquisitions of AMC Theaters, MGM, and Roku.
So, even if grabbing a few shares feels out of reach, you might want to go the fractional shares route and ride the Amazon Wave to $3 Trillion.
⇒ Price: $3,249
⇒ Target: $6,000
⇒ Current: yahoo finance