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Barchart
Barchart
Dipanjan Banchur

Is Amazon Stock Underperforming the S&P 500?

Amazon.com Inc. AAPL Apple

Amazon.com, Inc. (AMZN), headquartered in Seattle, Washington, is well-renowned worldwide as an online retailer. Valued at $1.87 trillion by market cap, the company sells consumer products, advertises, and offers subscription services through online and physical stores. The company’s Amazon Web Services (AWS) is the world’s largest cloud computing service provider.

Companies worth $200 billion or more are generally described as “mega-cap stocks,” and AMZN fits right into that category, reflecting its leadership in e-commerce and cloud computing. It is among the few publicly traded companies valued at over a trillion dollars, alongside Alphabet Inc. (GOOGL) and Apple Inc. (AAPL).  

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