3 Charts That Make Me Believe 2022 Will Be a Record Year for Amazon
The year 2021 won't be marked down as a great one for Amazon (NASDAQ: AMZN) shareholders. The stock's on pace to log a very un-Amazon-like full-year gain of around 4%, dramatically trailing what will end up being about a 27% romp for the S&P 500 (SNPINDEX: ^GSPC). Like so many other companies, the e-commerce giant also got bit by the inflation bug, at least in investors' eyes.
The coming year, however, is very likely to be very different. Three easy-to-understand charts illustrate why Amazon shares could -- and should -- rekindle their long-standing rally.
You may know the company as an e-commerce outfit. The fact of the matter is, though, Amazon makes far more money by selling cloud computing services than it does by selling merchandise.
Source Fool.com
