Which Is Amazon's Top Segment to Watch Right Now? Hint: It's a Trick Question.
If you have an extra $140 or so hanging around, you might want to consider buying a share of Amazon (NASDAQ: AMZN) stock instead of spending it on another gadget from Amazon. Better yet, if you have some more than that, you might want to buy a few shares, because Amazon just gave a quarterly update showing some serious progress.
As with any investment, you want to buy for the future, not the past. And there's so much good stuff going on at Amazon. Let's check out which segment is the one to watch right now.
E-commerce is Amazon's bread and butter, bringing in the high sales that support its other businesses. It's still maintaining its unreachable lead, with about 38% of all U.S. e-commerce, despite the proliferation of e-commerce retailers. This is due to serious investments by Amazon in all parts of its business, including delivery speed, artificial intelligence, and third-party funnels.
Source Fool.com
