Goldman Sachs expects Amazon shares rose 20 percent this year, will

Tencent securities FRANCISCO, March 21 morning news, according to foreign media reports, Amazon on Tuesday for the first time exceeded the market value of the parent company Google alphabet, second only to Apple's second-highest market capitalization global companies。
The Goldman Sachs Group: a top analyst (NYSE GS) on Tuesday told CNBC, Amazon (NASDAQ: Amazon) this year, the share price could "easily" reach between $ 1,800 to $ 1,900, saying it believes the current market the company's cloud business and retail business is undervalued。 Chief Internet research analyst Heath Terry of Goldman Sachs Group (HeathTerry) had been Amazon's stock price target set at US $ 1825, but he said on Tuesday of $ 1900 than previously expected Goldman Sachs, with Amazon Tuesday closing price represents nearly 20% upside。
Terry said that while Amazon's stock price has now reached a high level, some investors may have become "hard to swallow", but he still think it's appliance business giant's stock is undervalued。
"Amazon's stock price is currently close to $ 16 a share, but if you look at the company's growth, especially AWS (Amazon Web Services) business growth performance of this business in the total value of companies accounted for over half of the words , you can see that compared to the current share price, there is great potential for the stock, citing concerns for investors in high sensitivity of this business, they are expected to make the valuation of the business will continue to rise。 "Terry said in a television interview with CNBC。
Amazon's AWS cloud services business, which is growing rapidly in mid-2017 in the Amazon to bring a billion dollars in revenue, which made many investors are excited about。 Amazon's overall operating profit, the share of operating profit from the AWS business has now reached more than 60%。
"For Amazon, it is very important thing is to follow the company is currently the largest of the two trends in the technology industry: shift in the retail industry is moving in the direction of online shopping, the computing industry is shifting toward the direction of the cloud services。 "Terry said.。 "In both areas, the Amazon are being a leader。
Therefore, no matter what time, when you have the opportunity to take advantage of a company are the two major trends in the technology sector to invest in, you will want to seize this opportunity。 "Terry adds:" We continue to believe that these two market business (cloud service and retail business) valuation expectations too low, especially as you can see, in terms of retail business, US retail company We are have to close its store; in terms of cloud services, enterprises are accelerating the rate of capital investment in this area。 "Goldman Sachs is not the only optimistic about the prospects of the Amazon Wall Street investment bank, another investment bank Jefferies Group, Inc. (Jefferies's) has recently released research report, said it believes the 2022 Amazon's market value will reach $ 1 trillion。
In the US stock market trading so far this year, Amazon's share price has risen by more than 35%。 (nebula)。