Considering the amazing size of Amazon already, it's hard to imagine that the company will be able to climb much higher, that is, until you take a look at what the company has in the works. You see, Amazon has three big things in the works right now that will likely send the stock soaring throughout 2016 and for years to come. Today, we'll talk about what those three things are, what we can expect to see moving forward, and how binary options traders can take advantage of the trends. So, let's get right to it…

Amazon Has 3 Big Moves In The Works

As mentioned above, Amazon has three key plans that will likely take their business to the next level. Here are the three main objectives the company is working on…

  • Delivery Service – Amazon knows that when it comes to maintaining a leadership role in online retail, one of the most important factors is ensuring that shipping speeds are incredibly fast. As a result, the company has been buying freight liners, leasing airplanes, and even hiring drivers in an uber-like fashion. Ultimately, the company is working on creating its own shipping service, and it's working quickly.

  • Echo & Alexa – In late 2014, Amazon announced that Echo was available. At the time, the home service was nothing more than a fancy radio for your house. However, today it has grown to be something incredible. Amazon recently attached an artificial intelligence software known as Alexa to the Echo. Now, the home service not only plays music, but it can order pizza for you, it can open the blinds for you, it can control your lights, in reality, it can do just about anything you need done in your home with the exception of cleaning and repairs. The in home infotainment system is absolutely amazing, and will likely drive massive amounts of revenue for the company.

  • Cloud Computing – Finally, Amazon has been a player in cloud computing for a short period of time. However, they have already taken a large market share in the industry with Amazon Web Services. This low cost cloud computing service is one of the strongest options online today, and it is incredibly profitable for Amazon.

What We Can Expect To See From Amazon Moving Forward

In late 2014, if you would have told me that Amazon wasn't only a good investment, it was going to continue growing for years, I would have looked at you like you had more than one head. However, it seems like Jeff Bezos has made some genius moves with the company, and really, considering the changes we've seen as of late, it seems as though the sky is the limit. All in all, I'm incredibly impressed with the company and expecting that the stock will rise for some time to come.

How Binary Options Traders Can Take Advantage Of The Trends

When trading binary options, it's our job to predict what's likely to happen with regard to the price movement of a publicly traded company or other financial asset. In this particular case, the job is simple. Jeff Bezos is a genius and he's going to continue sending Amazon's stock upward. As such, binary options traders should watch the stock for strong call option opportunities. This will allow traders to follow the trends to the profits!

What Do You Think?

Where do you think Amazon is headed and why? Let us know your opinion in the comments below!

[Image Courtesy of Flickr]