Amazon.com Inc. company information
Amazon will account for 38% of online sales in the U.S. in 2020, while its nearest competitor Walmart will account for 6%. These estimates are conservative, as more consumers made the move to e-commerce in the midst of the pandemic. Besides that, Amazon has also been working to increase its international penetration in recent years.
Amazon was among the first to recognize the opportunity of the Cloud. Amazon Web Services is the undisputed leader in cloud computing, with a 33% marketshare, more than its three competitors behind.
While Amazon began as an online bookseller, it has evolved into the "everything store". This culture of innovation and expansion makes it a forever stock.
Amazon is a major player in the public cloud, online streaming, and digital advertising businesses that continue to grow at a rapid pace. It accounts for over 30% in the public cloud market and is the third-largest digital ad platform after Facebook and Alphabet’s Google. Amazon will also benefit from the shift to online content consumption over the next decade.
Amazon does not pay any dividend yet.