2023-09-11 09:09:15 ET
From one perspective, Amazon (NASDAQ: AMZN) seems to defy numerical principles. As companies become large, growth percentages tend to slow from year to year since the company has to produce more to achieve the same percentage increase.
Amazon has managed to sidestep the issues with slowing growth that often plague many larger companies. Despite its massive size, analysts still predict Amazon can generate 192% earnings growth over the next three years. How Amazon is projected to accomplish that seemingly difficult achievement offers a template for other large companies and lays waste to the idea that bigger companies have to settle for modest growth rates.
At a $1.4 trillion market cap , Amazon has become one of the world's largest publicly traded companies. Typically, such large sizes tend to slow down growth because of the need to produce larger nominal increases to yield the same growth percentage.
For further details see:
This Behemoth Stock Could Skyrocket 192% in 3 Years -- Here's How