Amazon could interrupt transport industry, gas stations next: D.A. Davidson

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Amazon CEO Jeff Bezos has not dared to moment a South Korean market, where  Coupang is a fastest-growing and best financed e-commerce site of all time.

There are dual trillion-dollar markets that are good new business opportunities for Amazon, according to D.A. Davidson.

The organisation reiterated a buy rating for Amazon shares, observant a e-commerce hulk should enter a transport and gas hire markets.

“Based on a estimates, Amazon is now posterior 8 of 10 marketplace opportunities that surpass $1T, globally. We see an event for it to feat a remaining dual – gas (stations) and travel,” researcher Tom Forte pronounced in a note to clients Tuesday. The “company has a story of elucidate formidable logistical problems. Financially, it seeks opportunities that can beget poignant giveaway money flow.”

Source: D.A. Davidson

The researcher remarkable some-more than 10 percent of Costco’s sales are generated by a gas stations. He pronounced Amazon could yield Prime subscriber discounts, enhance a information collection on a business and supplement thousands of placement stores for a products by a gas stations.

Forte pronounced Amazon could also follow Costco’s indication for transport deals, charity discounts for cruises, let cars and vacations.

“Amazon could sell consumers not usually a airline tickets and hotel accommodations though also all they need for their trip,” he said.

The researcher validated his $2,200 12-month to 18-month cost aim for Amazon shares, representing 19 percent upside to Monday’s close.

The company’s shares are adult 58 percent so distant this year by Monday contra a SP 500′s 7 percent gain.

Amazon shares sealed adult 0.8 percent Tuesday.

Tae Kim


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