How does Amzon's change in stock price reflect the changes over the last year that have occurred in the markets as compared to the Dow Jones Industrial Average (DJIA)? What observations can you make about the stock and peer performance?
Amazon lies at the top most place in the ecommerce space . its prime service has won many hearts & that is a major reason for growth in sales volume affecting market cap. its cloud computing arm & web services diffrentiates it from its core competitors. amazon's personal assistant alexa or the amazon drone or its recent tie ups to have amazon branded bank accounts are revolutionizing the way we exist . in this way amazon differs from its peer & leaves all the competitor far behind. It has been performing really well on stock market its profit is expected to triple by 2018. there are certain specific trends which this stock follows such as higher lows after steep increase in profit& viceversa.
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