Amazon-

Favorite Stock Right Now.

  Amazon- Favorite Stock Right Now. Although this company underperformed in the market in 2021, its long-term prospects remain strong. It is known that it started with business fundamentals and a strong market position at first. Looking at the current favorites of the investors, it is seen that they tend to prefer the ones that have not performed very well recently. Although it is not an easy combination, it stands out as a stock that can be chosen in the long run.

Amazon AMZN (NASDAQ) $3.299,86 +15,58 (+%0,47)

This year Amazon's earnings were 2% lower than the S&P 500. But this comes after a staggering 76% gain in 2020, post-pandemic It is still an indication that Amazon is a strong company. In the first half of the year, not only did Amazon's revenues continue to rise, it was making a lot of profit and the business and income is also increasing rapidly. It's also topping sales this year, looking ready to have a big holiday season. Amazon isn't just an online seller that offers low prices and fast delivery on just about everything.

Amazon- Favorite Stock Right Now.

  There is also the popular Amazon Prime subscription service, which includes a streaming video service. This also increases the number of subscribers day by day. It's this ability to innovate and serve the customer that makes Amazon such a tough company and a great long-term investment. While physical stores may not disappear anytime soon, online shopping is still becoming increasingly popular. It is predicted that Amazon will continue to benefit greatly from this. On the other hand, one should not forget the cloud computing division of Amazon Web Services (AWS). Thus, it reveals that an increasingly significant high-growth company has great potential to sustain sales and profit increases over a long period of time. With a growing physical store base and the success of AWS, Amazon's growth story seems to be far from over.  

Source: The Motley Fool

 

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