Paul Dykewicz and Hilary Kramer
Amazon’s 25th anniversary highlights rewarding strategies for investors that helped the company’s management to grow its e-commerce business into one of the world’s most valuable enterprises.
Investors may find Amazon’s strategies useful in identifying them in other companies whose shares may be worth buying. Amazon (NASDAQ:AMZN) began humbly in the garage of founder and CEO Jeff Bezos on July 5, 1994, producing weekly sales of $20,000 within just two weeks to begin an ascent that reached a market capitalization of $1 trillion in 2018 before dipping to $961.19 billion at the close of trading on Monday, July 8.
Amazon has soared 29.18 percent since I wrote my last investment column about it on Dec. 31, when I described its stock price plunge as a buying opportunity.
Amazon has become a case study in providing business lessons to modern-day startups. The company’s continued growth has been aided by more than 40 acquisitions, including its $13.7 billion purchase of Whole Foods Market in August 2017 to disrupt the grocery industry by making home deliveries more commonplace around the United States than ever before.
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Paul Dykewicz, www.pauldykewicz.com, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street Journal, Investor’s Business Daily, USA Today, the Journal of Commerce,Seeking Alpha, GuruFocus and other publications and websites. Paul is the editor of StockInvestor.com and DividendInvestor.com, a writer for both websites and a columnist. He further is the editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Paul also is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz. Follow Paul on Twitter @PaulDykewicz.
