Where is Amazon (AMZN) Stock Going to be in 2019?


Amazon is doing well, their online stores revenue rose 10% year over year in Q3 to $29 billion.

While this is a significant deceleration from 22% growth in the third quarter of 2017, Amazon’s smaller e-commerce businesses — third-party seller services and subscription services — saw revenue rise an impressive 31% and 52%, respectively, year over year in Q3. Revenue from these segments totaled about $14.1 billion during the quarter, making them important catalysts to Amazon’s overall business.

“Amazon has several drivers that should yield robust global revenue growth with rising margins the next several years,” said Blackledge in a note on Tuesday (via CNBC), “namely further B2C e-commerce market share gains in large retail verticals, emerging e-commerce verticals like B2B, and significant opportunity in existing and newer markets…”


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