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E-commerce pioneer Amazon (NASDAQ: AMZN) stock has been a roller-coaster ride in recent years. Share prices soared more than 50% in three of the last eight years, mixed in with a 50% drop in 2022.
Today, you can buy almost anything from Amazon; roughly 200 million households pay for Amazon's Prime subscription to unlock all of the company's products, services, and perks.
The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
Amazon is the undisputed king of domestic e-commerce with a 38% market share in the U.S. last year. In Q3 2023, its international segment suffered an operating loss of $95 million. Best Stock to ...
Amazon (NASDAQ: AMZN) is one of the best-performing stocks of all time, up more than 200,000% since its IPO in 1997. For early investors who held the stock, Amazon has delivered life-changing returns.
For this reason, I think Amazon is the better buy for investors at today's prices. Should you invest $1,000 in Shopify right now? Before you buy stock in Shopify, consider this:
This isn't surprising given that the stock is up over 100% since the beginning of 2023. Keep Amazon stock on your watchlist before this earnings report on October 24. This isn't a screaming buy today.
Amazon (NASDAQ: AMZN) stock has already set up lots of investors for life, if they bought early and are still holding on. If you would have invested $1,000 in Amazon stock 20 years ago, you'd have ...