Amazon CFDs?

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.

Amazon’s sales surged 44% as it smashed earnings expectations in the first quarter 2021!

Here’s how the e-commerce giant fared in comparison to analyst estimates compiled by Refinitiv:

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.