Like all things in life, taking some amount of risk is needed to get big rewards and to grow further. Investing in the stock market also requires taking on a fair share of risk. The key to making a sound investment decision when it comes to stocks is to do thorough market research and to calculate the risk. Calculating your risk will help you understand if the stock is a good choice for you and whether you can bear the risk in case the results are unfavourable. For those who are more inclined towards capital appreciation, investing in stocks is a great option.
Many people have grown their wealth multiple folds by investing in stocks. If you are new to stock trading, you can get the help of a stock trader who will guide you and help you pick the right stocks for your portfolio. Whether you are looking for stable returns or capital growth, you are bound to find a stock that suits your preference. If you are an investor who is looking for capital growth, NASDAQ: AMZN is a stock you should consider making a part of your portfolio.
Amazon.com is well known all over the world for its e-commerce business. But the company also provides digital streaming services (Prime Video), cloud computing solutions for businesses (Amazon Web Services) and artificial intelligence products like Amazon Alexa which is a virtual assistant AI software. Amazon’s widespread business model caters to all, from consumers to businesses, both big and small. This makes Amazon a strong player in the industry.
Amazon.com was founded by Jeff Bezos in 1994, in Bellevue, Washington. It has its headquarters in Seattle, Washington, USA. The company offered its shares to the public for the first time in 1996 and listed on the Nasdaq stock exchange as ‘NASDAQ:AMZN’. During its IPO, Amazon’s stock was priced at $18. Since then the company has seen tremendous growth in the last decade. If an investor held $10,000 worth of Amazon stock during its IPO, today it would be worth millions, that’s how much Amazon has grown through the years.
Currently, nasdaq amzn is being bought and sold for $3,162.16. The stock has a one-year price target of $3,775. The general consensus among analysts regarding this stock is to buy the stock, seeing an upward trend in its price. The company reported an EPS of $12.37 in the last quarter, which was $4.96 more than what analysts had estimated. Amazon reported revenue of $96.15 billion in the last quarter. The company is on a solid path of growth, so investing in this stock will be a good choice. Before investing, you can check its cash flow at https://www.webull.com/cash-flow/nasdaq-amzn.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.
