Amazon.com could reach US$1trn valuation in next year, says Morgan Stanley
Online retail titan Amazon.com Inc (NASDAQ:AMZN) added 0.70% to US$1,133.22 today as broker Morgan Stanley sang its praises.
It says it may reach the US$1trn market cap in the next year, as it repeated an ‘overweight’ stance.
The broker has a 12 month ‘bull case’ target price of US$2,000 for the shares
Looking at the maths, the broker values Amazon’s core retail business at US$600 billion, estimating 13% annual sales growth for its e-commerce business in 2022 and a 5.5% operating profit margin that year.
Its third-party marketplace business will achieve a 25% earnings before interest, tax, depreciation and amortization (EBITDA) profit margin in five years, it also reckons.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/187177/amazoncom-could-reach-us1trn-valuation-in-next-year-says-morgan-stanley-187177.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).