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Added to YB: 2024-02-22

Pitch date: 2024-02-21

AMZN [bullish]

Amazon.com, Inc.

+30.67%

current return

Author Info

No bio for this author

Company Info

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Market Cap

$2.5T

Pitch Price

$173.10

Price Target

N/A

Dividend

N/A

EV/EBITDA

16.24

P/E

32.54

EV/Sales

3.66

Sector

Broadline Retail

Category

growth

Show full summary:
JP Morgan's Top Investment Idea: Amazon's Dominance in US E-commerce Continues

AMZN Q4 US ecom share +272bps YoY to 46.4%, 6th straight Q of >100bps gains. 2024 US GMV (ex phys stores) seen +12% vs 12.6% in '23, taking 160bps more share. Rev growth to stay >10% on 3P, 1P, fast delivery, Prime spend & new verticals. Top pick: US ecom can 2x to 40%+ LT.

Read full article (1 min)