Скачать или смотреть BEST Stocks To Own NOW On Amazon Prime Day and The Worst Stocks To Own

Amazon Stock(AMZN) will benefit from Prime Day immensely but stocks like Walmart (WMT), Kohls(KSS), and Macy's(M) won't. ✅Join The Power Of Finance Investor Group: https://bit.ly/3aNRzAn

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Amazon prime day is an annual deal event just for Prime members on Oct. 13-14, delivering incredible savings on products from small businesses & top brands. And as always this is great news for Amazon. They will generate billions of dollars in revenue on a single day they will attract more people to join Amazon Prime and become members, but this is also huge news for the stock market and could be the last nail in the coffin to plummet a number of massive retail stocks. So in todays video we are first going to go over some projections for Amazon’s Stock from Prime day, after that we are going to touch on the impacts of Prime day to the retail sector as a whole and two reasons why Prime day could cause a number of companies stocks to collapse completely, and finally we are going to go over some stocks that are going to be hit the hardest. Because of the pandemic, many retailers have been struggling to stay afloat like Macy’s, JCPenney, Neiman Marucs and more. Now on top of this, thanks to e-commerce monster Amazon’s Prime Day being held in October 13th and 14th things could get a lot worse

Prime Day will be “siphoning out” sales from long-lagging retailers judging by early sales estimates. Amazon Prime Day - which typically happens in mid-July but was pushed out to Oct. 13-Oct. 14 due to the pandemic — is expected to register some $10 billion in worldwide sales this year, according to new data from eMarketer. That would mark an impressive 43% year over year increase. eMarketer also forecast that on the back of a strong Prime Day, U.S. Prime members will hit 142.5 million in 2020, up 14.9% from a year ago. Basically what this means is that more than 50% of the U.S. population is a Prime member. All of those Prime Day predictions likely is terrible news for most retail companies for at least two reasons. First, many people are effectively going to finish their holiday shopping season on Prime Day as they seek to avoid holiday crowds in stores during the pandemic and shipping delays. And second, strong growth in Prime members will only contain people in the Amazon ecosystem to buy clothes, food and whatever else their hearts desire later this year and into 2021.

Essentially this means far fewer sales opportunities for retailers like Macy’s, JCPenney, Gap, and Kohls that badly need business right now. “This is going to accelerate some of the problems that bricks-and-mortar retailers are in.” While these stocks are going to go to zero overnight, they are probably going to have much lower numbers than expec

#Amazon #Investing #Stocks
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