Quote:
Originally Posted by mopek1
Thanks for this post.
AMZN was under $2000 until the lockdown back in March. Now it's at $3300.
Why do you think it will continue to grow? If the economy opens up this summer won't people go back to buying more at stores and less at Amazon?
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While people will start going back to stores,it will be below what'd have been the normal levels for it if the pandemic wouldn't have existed. People got even more used to the online way,as it's simplier and companies like AMZN do most of the job they'd have had to do..
+The pandemic allowed for the big guys to crush the necks of the smaller guys even more,and AMZN is the ultimate big guy,their dominance is much bigger now and it will keep it's steady levels