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Amazon is a juggernaut with the means to grow for years to come, but no stock is worth paying any price for. The good news is that high-quality stocks like Amazon only need a fair price to create ...
Although Amazon fell following earnings, the reason it fell is silly, especially for long-term investors. Management guided for $144 billion to $149 billion in revenue growth, and revenue came in ...
On the other hand, the e-commerce and cloud-computing giant has actually been lagging behind the broader market in 2024. While Amazon stock has risen roughly 17.5% across this year's trading, the ...
Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
September 8, 2024 at 5:46 AM. On the surface, Amazon (NASDAQ: AMZN) stock may look expensive. Shares trade at 41 times earnings. But a look beneath the hood shows a number of reasons why the stock ...
This gives Amazon stock an average rating of 1.7 on a scale of 1 (strong buy) to 5 (sell). The price of the stock as of July 30 is $3,327.59. This is lower than any of the analysts’ price ...