Amazon - World's largest online marketplace (BUY - 2350)

,Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments.

It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores. The company also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, and Echo devices; provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store; and develops and produces media content, as well as offers Echo Flex, a plug-in smart speaker.

In addition, it offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, and other AWS services, as well as compute, storage, database offerings, fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreement services.

Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. Amazon.com, Inc. has a strategic partnership with Volkswagen AG. The company was founded in 1994 and is headquartered in Seattle, Washington.

Share price, revenues, EBITDA, P/E, Drawdown from peak
Amazon's stock has been consistently rising due to it being the largest online-market retailer on the planet. Its monopolistic position keeps it shielded from competition at a level that is unprecedented.

Amazon's net sales are concentrated to the North American markets, with a smaller portion of it being international. 

Q3 2019 report.
https://ir.aboutamazon.com/static-files/ca9f2d27-46e7-4006-86f1-0c6ccb026a04
Apart from the United States, Amazon has dedicated marketplaces for the following countries;


Graphically, Amazon's global presence is still minute compared to the amount of countries that are left for entry. Therefore, there is substantially more room for future growth. Coupled by the fact that the world is becoming increasingly interconnected to the Internet and that we're in the Digitalisation age is going to directly benefit Amazon. 


Based on these factors, we see a lot more growth for Amazon, and the high share price is merrily a psychological illusion that shouldn't deter investors from purchasing the stock.

Current consensus estimates put a target price for Amazon at 2,164.91, while we at East Invest are more optimistic and would suggest a target price of 2350$ until Q2 of 2020.