E-commerce giant, Amazon witnessed a recent dip after Jeff Bezos selling off close to $5 billion worth of the company’s stock. His exit from the CEO role could be a cause of concern for some but we continue to remain optimistic on the stock. The company continued its string of impressive results in the first quarter of 2021, with both top and bottom line surpassing the analyst estimates. The strength of Amazon Web Services (AWS) coupled with consumers turning to e-commerce during the pandemic remained a huge tailwind for the company. Amazon’s market leadership in the cloud service offerings and its smart device growth further bolstered the company’s first-recent performance. We maintain our ‘Buy’ rating on the stock with a revised target price given its strong balance sheet and excellent performance in the e-commerce and cloud computing segments.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
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