Inc (NASDAQ: AMZN) engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, independent publishers, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, it provides compute, storage, database, analytics, machine learning, and other services, as well as advertising services through programs, such as sponsored ads, display, and video advertising. Additionally, the company offers Amazon Prime, a membership program. The company’s products offered through its stores include merchandise and content purchased for resale and products offered by third-party sellers. It serves consumers, sellers, developers, enterprises, content creators, advertisers, and employees., Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.

finviz dynamic chart for AMZN

Company Overview

  • Market Cap: 1.836 Trillion
  • PE Ratio: 49.56
  • EPS: 3.56
  • Analyst Rating: 15 Strong Buy; 23 Buy; 1 Hold; 1 Underperform; Average Rating of 1.7 (between Strong Buy and Buy)

 Amazon is much more than just one of the many e-commerce stocks. Due to the success of its cloud arm, AWS, this makes Amazon more of tech company than anything else. While AWS has recently become the group’s bread and butter, its e-commerce empire is still a valuable part of the business. It is likely to become even more valuable as Amazon integrates AI.

One of the things that make AI work is having a huge trove of data to learn from, and Amazon has no shortage of customer data, making the group a prime candidate for leveraging the technology effectively. Amazon is working to make AI a much larger part of its value proposition to investors, and doing so is likely to land the group more firmly in the tech sector. AI will help Amazon’s e-commerce business, from improving search to anticipating future purchases. Ultimately, the real benefit of AI will be within AWS and Amazon’s ability to roll out its own AI capabilities. 

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