Amazon Stock Prediction: Two Reasons Why Amazon’s Stock Will Stay Above $1000

motek 1 The 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 Stock Prediction

  • There are 80 million Prime subscribers and they fuel Amazon’s double-digit annual revenue growth. Most Prime subscribers are upper or middle-class citizens.
  • Bezos now wants to go after lower-income households. Amazon is offering a discounted $5.99/month Prime membership to those who are on government assistance.
  • Prime membership is all about building long-term loyalty from its customers. Even low-income people are worthy Prime subscribers.
  • Amazon has also been lending $1 billion to third-party vendors who sell goods on its online marketplace.
  • Helping third-party merchants succeed also benefits Amazon.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here