Amazon Stock Predictions: Drones, Video-Streaming Services and Prime Members are Great Opportunities

Laura Benhamou is a Junior Financial Analyst at I Know First.
  • Amazon growth has continued past Q2 in 2016amazon_logo_500500._V323939215_
  • Its revenue grew more and more each period
  • Amazon is developing drones to make package delivery faster
  • Amazon is improving its video streaming service
  • I Know First’s algorithm is currently bullish on AMZN in the long term

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Amazon Stock Price Prediction: Amazon Has A Great Future In Subscription Video On Demand

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First. 
  • Amazon now offers a standalone $8.99 Prime Instant Video subscription service.
  • Prime Instant Video was formerly available only as a bundle within the $99/year Amazon Prime free shipping program.
  • Netflix’s growth in the U.S. will definitely feel the pain from Amazon’s aggressive move.
  • The Video on-Demand industry benefits from cheaper broadband fees and more affordable LTE phones.
  • Americans are binge-watching more on their smartphones, computers, and tablets.

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Amazon.com (AMZN) was a top stock pick based on predictive algorithm recommended to I Know First subscribers of the “Tech Stocks” Package.

Published on July 16th, I Know First’s bullish article regarding Amazon stock summarized why the company remains a solid investment. The exclusive algorithm employed by I Know First correctly predicted a rise in Amazon share price despite expected losses by market analysts. The stock price increased 11% in after hours trading in accordance with the algorithm's prediction. Amazon stock forecast

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