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Amazon Just Crossed Another Milestone

Amazon Just Crossed Another Milestone

Amazon trades at a considerable premium to the S&P 500 and still has the potential to move higher. Amazon’s net profits have increased sharply in the last couple of quarters. According to eMarketer, in US ad dollars, Amazon could be third in the space in terms of market share by 2020, and expects its US ad revenue to climb 63.5% to $2 billion this year.