Amazon.com, Inc. (NASDAQ:AMZN), Google Inc. (NASDAQ:GOOGL) - Online Retail Sales Provide Strong Tailwinds For Amazon
Share: There’s no question that the pandemic has acted as a catalyst for online retailers. So it wouldn’t be out of reach to expect 2020 to be a strong year for online shopping giant Amazon.com, Inc. (NASDAQ: AMZN). And let’s not forget the 74% boost to its share price in 2020, running circles around the S&P 500’s gain of 16%. That storyline is expected to play out in Q4 2020, when AMZN reveals its earnings on February 2. But when the pandemic subsides—and let’s keep the faith th...
Source: benzinga.com