#4 - Amazon (NASDAQ:AMZN)
So far, you've probably noticed a theme — a link to live sports — which continues with Amazon (NASDAQ:AMZN). The company is also a player for the rights to the NFL Sunday Ticket. Whether or not it gets that, it already has the rights to the NFL’s Thursday Night Football. As of this writing, it’s still too early to tell whether it will succeed. If successful, Amazon will start to make a larger push into this area.
Due to its dominance in e-commerce, Amazon may have less concern over losing its Prime customers. At the same time, that gives many consumers a reason to sign up for the service. Streaming may never be Amazon’s bread and butter, but the fact that it doesn’t have to be is what sets the company up for success in this market.
About Amazon.com
Amazon.com, Inc 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.
Read More - Current Price
- $197.12
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 41 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $235.77 (19.6% Upside)
