Next stop $2,000 a share as AmazonFresh accelerates its retail swamping tidal wave

LONDON — Although its shares have achieved five-bagger status in just four years, Jeff Bezos's wealth generating phenomenon Amazon is still accelerating. In this edition of the Rational Perspective, one of Wall Street's top rated retail sector analysts explains why he sees the $1,500 stock breaking through the 2,000 level in the near future. He argues that the launch of AmazonFresh will put the group onto an accelerated trajectory. Fascinating insights on a stock that has become the mainstay of both of Biznews's offshore portfolios – the top performing Global Share portfolio (CAGR 32% since 2014) and the newly launched US Exponential portfolio (20% since launch in November last year). – Alec Hogg

This is a Rational Perspective – I'm Alec Hogg. Well, after decades of focussing on my home market in SA – 4 years ago I began getting my teeth into global stocks. It was sparked by a sponsorship from Standard Bank, which wanted to attracted attention to its ground breaking Webtrader platform that enabled long-isolated, exchange-control-bound South Africans to start investing in stocks abroad. That was a stimulus for the creation of the BizNews Global Share Portfolio, which has delivered a 32% annual compound gross since its launch in December 2014.

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