Is Amazon Stock a Buy Now?
In its first-quarter earnings announcement last week, Amazon (NASDAQ: AMZN) delivered a better-than-expected revenue number. The stock fell after the report came out, but then it rebounded. As of June 2, it has increased by 45% in 2023. Investors might be ready to consider adding shares to their portfolios, particularly given that it's still a dominant business with its fingers in multiple industries that are benefiting from powerful secular tailwinds.
So, is this FAANG stock a buy right now?
Amazon is well-known for its lead in e-commerce. According to Statista, it has a 38% share of online retail shopping in the U.S., well ahead of its closest rival, . And considering the huge advantage its logistics and distribution capabilities give it, it's difficult to see Amazon giving up the top spot any time soon.
Source Fool.com
Walmart Inc. Aktie
Hohe Buy- und niedrige Sell-Zahlen bei Walmart Inc. zeigen ein stark positives Sentiment.
Die Community prognostiziert für Walmart Inc. ein Kursziel von 155 €, was eine Steigerung von mehr als 100% gegenüber dem aktuellen Kurs von 61.19 € bedeutet.
