Amazon Earns Another Quarter Of Trust

Summary:

  • Amazon has an impressive portfolio with growth in all aspects of its business, driving total net income.
  • The company’s ads and AWS business have the ability to continue generating $10s of billion in net income that the company can use for returns.
  • Overall, Amazon has earned another quarter of trust, making it worth holding on to for now.

Stunning landscape of Amazon Forest at Amazonas State Brazil.

Cristian Lourenço/iStock via Getty Images

Amazon (NASDAQ: NASDAQ:AMZN), the world’s largest bookstore, and now the largest in many other market segments recently announced its earnings. While we’ve wavered on Amazon before, most recently we were bullish, discussing the


Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.


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