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Here's How Much Amazon Stock Is Actually Worth

By , Money Morning -

In October 2013, Money Morning Defense and Tech Specialist Michael A. Robinson predicted that Amazon.com Inc. (NASDAQ: AMZN) was destined to hit $1,000 per share.

According to Michael, his bold price prediction "had to do with my thesis that high tech is vital to our economy and your investment portfolio... the road to wealth is paved by tech."

Five years later, little has changed for Michael and his belief in Amazon stock...

Amazon Banking Is Coming; Here's Your Backdoor Profit Play

By , Associate Editor, Money Morning -

Amazon.com Inc. is in talks to develop a "checking-account-like product" for consumers. Considering Amazon's recent forays into healthcare, package delivery, and brick-and-mortar retail, the company's move into finance is not surprising.

However, the implications of an Amazon banking service are huge. And we're betting on the one company that's likely to play a direct role in Amazon's revolution of the banking world...