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 that it will—can AMZN beat its own growth records that were driven by COVID-19? And how will competi...
Source: benzinga.com