Next stop $2 000 a share as AmazonFresh accelerates its retail swamping tidal wave
In this cracking edition of Rational Perspective, top-rated analyst Scott Mushkin of Wall Street firm Wolfe Research explains why he believes Jeff Bezos's wealth phenomenon Amazon.com will soon break through the $2,000 a share level. Mushkin believes the launch of AmazonFresh will put the group onto an accelerated trajectory. Some fascinating insights on a stock that has become the mainstay of both of Biznews's offshore portfolios - the top performing Global Share portfolio (CAGR 32% since 2014) and the newly launched US Exponential portfolio (20% since launch in November last year).
