Analysis of a Publicly Traded Company on the NASDAQ: Amazon
Angel Gonzalez
Saint Leo University
Finance for Managers MGT 325
December 1, 2017 Analysis of the publicly traded company: Amazon
Amazon is the world’s leading online retail store and is an innovator in online retail. In 1994 Jeff Bezos, a former Wall Street hedge fund executive, left his job to pursue his vision in opening an online bookstore. (Jurevicius.) The following year, Bezos initially incorporated the company as “cadabra” but later changed it to Amazon. (Jurevicius.)Through the years Amazon was able to leverage technology to gain a competitive advantage in the market. Through technology Amazon is able to sell to customers at an unbeatable price. The reason why I chose to write an analysis on Amazon is because
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In 1994 Jeff Bezos, a former Wall Street hedge fund executive, left his job to pursue his vision in opening an online bookstore. (Jurevicius.) The following year, Bezos initially incorporated the company as “cadabra” but later changed it to Amazon. (Jurevicius.)Through the years Amazon was able to leverage technology to gain a competitive advantage in the market. Through technology Amazon is able to sell to customers at an unbeatable price. The reason why I chose to write an analysis on Amazon is because they continue to grow drastically with their innovative products and popular convenience tools such as “one-click” selling and free two-day shipping to its prime members. (Jurevicius.) Amazon and its products such as the Kindle E reader and Amazon fire stick gives additional value to the company. Also, many expansions such as an online pharmacy will allow it to break into another 20 to 50 billion-dollar industry. Amazon is the leading online retail stores that show no sign’s of slowing down which makes it a great choice in stock