Why Amazon's 4th Quarter Will Be Huge

Amazon.com (NASDAQ: AMZN) set sales records in the fourth quarter of 2019, reporting a 21% year-over-year jump in revenue. Total revenue during the period was about $87.4 billion, beating analysts' average forecast for $86.0 billion.

With such a strong fourth quarter last year, you'd think it'd be hard for the e-commerce giant to beat this record performance in the fourth quarter of 2020. But a closer look at Amazon's recent performance and one key detail about this year's fourth quarter suggest the online shopping specialist will once again deliver record fourth-quarter results.

Investors should expect a huge fourth quarter from Amazon -- here's why.

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Source Fool.com