Amazon.com - 3 Tech Stocks That Are Building the Future: Part 1

  Amazon.com - 3 Tech Stocks That Are Building the Future: Part 1 The latest technology sale offered discounts to the following companies that make up tomorrow's important technology platforms for long-term investors. Of course, tech stocks have gone through hard lately. It is good to see that the world will become more digital, smart and automated in the long run. Therefore, it may be a good idea for long-term investors to take advantage of cutting edge sales and look at companies that are building core technology platforms that power the future. Amazon.com (NASDAQ: AMZN), Tesla (NASDAQ: TSLA), Illumina (NASDAQ: ILMN) at 52-week highs. These stocks, which are currently discounted, should at least be added to your watch list as they will become the main platforms for the 2020s and beyond.

1-Amazon.com (NASDAQ: AMZN)

Amazon, a member of FAANG, has built several platforms that will be central to our near and long-term economic future. Pioneering the idea of ​​cloud computing, Amazon allowed businesses to securely connect to compute and storage capacity as needed. Amazon Web Services, which generated $ 45,4 billion in revenue last year, grew 30 % with a 30 % operating margin to become the number one cloud platform. In addition, Amazon was a pioneer in fulfilling its e-commerce promise thanks to the internet. Thanks to years of consistent improvements and investments, Amazon has reached the capacity to deliver most of its products to Prime subscribers in just one day. Amazon recently invested in its own air freight platform, including a new stake in air cargo partner Air Transport Services Group (NASDAQ: ATSG). It invested in Rivian to produce electric last mile delivery vehicles. Continuing to improve, Amazon will become the best-in-class e-commerce distribution platform in the coming years. Amazon's platforms also extend to media and entertainment. Not only does the company have one of the leading streaming services on Prime Video, but Fire Stick is becoming a major connected TV advertising platform. The feature of the Amazon Fire stick is that it can combine consumption data on the e-commerce platform to target ads through the TV platform through streaming. Amazon led the global market for the past quarter. The company grew year over year with 36 % and 12,1 % market share. Having leading cloud, e-commerce and digital advertising platforms should make Amazon a strong producer in the coming years (even post-epidemic).  

Source: The Motley Fool

 

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