Why Amazon Belongs in Every long-term portfolio!

Amazon benefits from multiple growth areas – from e-commerce to cloud and logistics to AI and autonomous mobility
Two words suffice to outline the potential: Gigantic. Future-proof.
Andreas Wimbauer
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A. Wimbauer
Reading Time: 1 minute

Amazon undoubtedly belongs in every long-term portfolio – and for good reasons! Amazon shines with versatile growth in promising core areas. The dominant e-commerce business holds over 40% market share and, in the first quarter, exceeded Walmart’s revenue of $180.5 billion for the first time with revenue of $187.8 billion. The current, first-ever four-day Prime Day from July 8 to 11 could mark a new record with expected online sales of $23.8 billion – a massive revenue boost. Additionally, there’s the explosive growth of the cloud division...

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