Amazon CEO Andy Jassy Just Made a Shocking Trillion-Dollar Prediction
The company's cloud computing business could lead Amazon to new heights.
Overview
Amazon (NASDAQ: AMZN) has been on fire since it reported blowout earnings just a week ago. The stock has risen about 18%, which may make investors feel like they've missed the boat on Amazon's stock. However, Chief Executive Officer Andy Jassy made a stunning projection that makes the 18% rise look like small potatoes compared to what's ahead.
This has huge implications for the company and could lead to Amazon being worth more than $15 trillion someday. For reference, it just broke the $3 trillion market cap threshold following its surge.
Amazon CEO Andy Jassy. Image source: Amazon.com Inc.
Details
Source
Originally published at www.fool.com.
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