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Amazon: Past, Present and Future
Manage episode 272804056 series 2793845
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Ian Wyatt is the President of Wyatt Investment Research. He has been helping regular investors uncover hidden growth opportunities by beating the market and finding great investments at attractive prices. Ian has been actively investing in the stock market for the past 30 years. He's also spent more than 20 years publishing his investment ideas online to help fellow investors benefit from his successes and failures.
Ian Wyatt is also the host of the Daily Profit Podcast.
In this episode…Before the end of the year in 2019, the Amazon stock was on an upward trajectory, increasing in price to between $1600 and $1700. Since then, shopping as we know it has changed due to the COVID-19 pandemic and the requirement of social distancing. For Amazon and its stockholders, this change was positive, with the stock value skyrocketing to where it is now in mid-June of 2020. But what does the future hold for this powerful company?
In this week's episode of The Daily Profit Show, Ian Wyatt is joined by Dr. Jeremy Weisz, co-founder of Rise25 Media, to talk about their outlook on the Amazon stock's past, present and future. They discuss the impact of the COVID-19 crisis on online shopping, how Amazon compares to competing companies such as Walmart, and the potential challenges its stock performance may face in the future. Stay tuned.
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