After a boom year in 2020 amid the pandemic, it appears investors are less enthused with Amazon during the reopening, with the stock up just 3.7% on the year, versus a 19% gain for the S&P 500. Now that the reopening has begun, Amazon is seeing a deceleration in its core e-commerce offerings. In fact, if you strip out just those two segments, you could make a case that they are worth as much as Amazon's entire market cap right now; so even though e-commerce is slowing in the near-term, investors may be getting it pretty much for free. Read More...
After a boom year in 2020 amid the pandemic, it appears investors are less enthused with Amazon during the reopening, with the stock up just 3.7% on the year, versus a 19% gain for the S&P 500. Now that the reopening has begun, Amazon is seeing a deceleration in its core e-commerce offerings. In fact, if you strip out just those two segments, you could make a case that they are worth as much as Amazon’s entire market cap right now; so even though e-commerce is slowing in the near-term, investors may be getting it pretty much for free.
