Amazon also offers programs that enable sellers to sell their products on its websites, as well as its stores, and its programs allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, the company provides computing, storage, database, analytics, machine learning and other services, as well as fulfillment, advertising, publishing, and digital content subscriptions.
Its Amazon Prime membership program provides free shipping of various items, access to streaming movies and series, and other services.
Goldman Sachs has a $165 target price, while the consensus target for Amazon.com stock is $140.64. Shares closed 3.4% lower on Thursday at $88.45.
Bumble
Internet dating has become a huge industry, and this is one way to play it. Bumble Inc. (NASDAQ: BMBL) provides online dating and social networking platforms in North America, Europe and elsewhere. It owns and operates websites and applications that offer subscription and in-app purchases dating products.
Founded by CEO Whitney Wolfe Herd in 2014, Bumble was one of the first dating apps built with women at the center and connects people across dating (Bumble Date), friendship (Bumble BFF) and professional networking (Bumble Bizz). Badoo, which was founded in 2006, is one of the pioneers of web and mobile dating products. Fruitz, founded in 2017, encourages open and honest communication of dating intentions through playful fruit metaphors.
Goldman Sachs’s $30 target price is above the $25.44 consensus target. Bumble stock closed almost 3% lower on Thursday at $23.02.
Expedia
Internet travel services have grown in a huge way over the past 20 years, and this is an outstanding play. Expedia Group Inc. (NASDAQ: EXPE) operates as an online travel company in the United States and internationally.
Its brand portfolio includes the following:
- Brand Expedia, a full-service online travel brand with localized websites
- Hotels.com for marketing and distributing lodging accommodations
- Vrbo, an online marketplace for alternative accommodations
- Orbitz, Travelocity and CheapTickets travel websites
- Ebookers, an online EMEA travel agent for travelers an array of travel options
- Hotwire, which offers travel booking services
- CarRentals.com, an online car rental booking service
- Classic Vacations, a luxury travel specialist
- Expedia Cruise, a provider of advice for travelers booking cruises
- Expedia Partner Solutions, a business-to-business brand that provides travel and non-travel verticals, which includes corporate travel management, airlines, travel agents, online retailers and financial institutions
- Egencia, which provides corporate travel management services
- Trivago, a hotel metasearch website, which sends referrals to online travel companies and travel service providers from hotel metasearch websites
- Expedia Group Media solutions
Expedia stock has a $173 target price at Goldman Sachs. The consensus target is just $128.96, and Thursday’s close at $90.20 was down almost 3% on the day.
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