Today Amazon has officially crossed a 1 trillion dollar valuation, making it the second public company in history to reach this monumental target.
This comes just weeks after Apple hit the same milestone.The valuation however was short lived, Amazon needs a stock price of $2,050.27 to be valued at 1 trillion – which they reached earlier today but it later dropped back to $2,025.
The stock will fluctuate between 990 billion – 1 trillion over the next few hours and days – but should definitely stabilise and settle above the 1 trillion dollar mark.
How can you benefit from this as a seller?
It’s probably a good idea as an Amazon seller to also invest and own some Amazon stock – so that you’re efficiently positioned to benefit from both your own growth and that of the overall platform.
There’s serious returns available here.
Amazon first went public at $18 a share in 1997.
That’s a 113x growth since then.
But don’t think it’s too late to get in on the action – the returns this year alone have been 75%.
As Amazon continues to grow and take over the world – this means more customers to sell your products to, more international marketplaces to expand to and faster rates of profit as future trends like voice search and drone deliveries make online shopping that much more prevalent.
Wall Street has grown very enthusiastic about Amazon’s non-retail businesses, the Associated Press reports. Amazon Web Services provides cloud computing services to companies and government, and its advertising division makes billions by selling ads to companies that want their products to show up when shoppers search on the site.
Other big companies — including industrial giants that have been around for more than a century, such as Boeing (market cap $207 billion), 3M ($119 billion) and General Motors ($55 billion) — are worth far less than the high-flying tech companies because their prospects for earnings growth are nowhere near as strong. Market watchers have been expecting both Amazon and Apple to eventually have valuations topping $1 trillion.
Amazon shareholders have already had a extraordinarily good year. The company’s stock has surged more than 70 percent since January, outperforming Apple, which has gained more than 30 percent. During that same period, the broad market benchmark S&P 500 rose 8 percent.