
One hears the name ‘Amazon’ bandied about with such frequency that it’s almost become a cliché, a sort of stock-picking commonplace. Nevertheless, the e-commerce giant remains, in this investor’s humble opinion, a dashedly clever holding for the long haul. The reason? Sheer dominance, old boy, sheer dominance. In the online shopping arena, Amazon reigns supreme. According to the latest figures from Digital Commerce 360, the company commands a market share of around 40% in the United States. A most impressive figure, wouldn’t you agree? Walmart, trailing some distance behind with a mere 11%, can only look on with a sort of envious admiration.