Amazon (NASDAQ: AMZN) stock has skyrocketed 78% this year primarily because e-commerce activity has accelerated due to the COVID-19 pandemic. But vaccines are beginning to roll out, and there is hope that an end to the pandemic is on the horizon. While that's likely to cause a moderation in sales for online stores, Amazon's growth story is far from over.
Here are three catalysts for the company heading into 2021.
Amazon's effort with Amazon Logistics (AMZL) doesn't get nearly the attention it deserves. This is the company's transportation network, which allows it to fulfill more and more of its e-commerce orders all the way to customers' doorsteps.
Source Fool.com