The popular , Amazon (NASDAQ: AMZN), is one of the more sought-after ecommerce stock investors are after, and there is a good reason for that. Amazon has incredibly wealthy investors.
Trading Amazon CFDs could be considered as one of the more outstanding investment opportunities. Amazon is the third largest publicly traded company on the US stock exchanges, valued at € 1.491 trillion. Amazon's stock, which outperformed the S&P 500 benchmark, has seen significant gains since 01/01/18 until 31/12/2021, growing at a rapid 184.5%.
If you think you've missed the train, ask yourself: can you imagine life without Amazon? After COVID-19, Amazon has touched almost every area of life today more than ever due to the lockdown - housewares, groceries, streaming, games, crafts, news and entertainment. Even websites that many people visit - Netflix, Pinterest, Facebook - are powered by the web services of Amazon's cloud computing provider.
Here’s how the e-commerce giant fared in comparison to analyst estimates compiled by CNBC:
Earnings: $15.79 per share vs. $9.54 per share expected
Revenue: $108.52 billion vs. $104.47 billion expected
Amazon is one of the few companies who benefited from the surge in online shopping during the pandemic. Their 2021 first-quarter results showed a surge in sales of over 44% to $108.5 billion.
Wall Street expected Amazon’s earnings for the second quarter to be at $108.6 billion. Amazon, however, expected the momentum to continue, projecting to post revenues between $110 - $116 billion, easing investors fears of a post pandemic slowdown.
Amazon has continued to interact with millions of people around the world every day. Amazon continues to hold its overall market share and keep offering undreamt-of opportunities for investors.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.
021 annual results:
Revenue- $469.82 billion
Gross income – $197.47 billion
Colmex Pro Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 123/10. Trading financial instruments and/or using leverage carries a high level of risk and may not be suitable for all investors. Please trade responsibly: CFDs are complex instruments and come with a high risk of losing money rapidly. 87.35% of retail investors accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Before you decide to trade the financial products offered by the Company, you should carefully consider your objectives, financial situation, needs and level of experience, read and understand the terms and conditions and the disclaimers of the Company.
The above information and figures refer to the past and the past performance is not a reliable indicator of future results. The above figures may increase or decrease as a result of currency fluctuations. Before you decide to trade the financial products offered by the Company, you should carefully consider your objectives, financial situation, needs and level of experience, read and understand the terms and conditions and the disclaimers of the Company.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.