Amazon (AMZN) stock has gained over 5% today as it continues with its comeback after a dip between March 2 and March 8, this year.
To help stock investors interested in investing in Amazon, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
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What is Amazon stock?
Amazon stock is the stock of Amazon.com, Inc. shares and is listed on the NASDAQ Stock Exchange under the symbol NASDAQ: AMZN.
In a nutshell, Amazon.com, Inc. is an American multinational tech company that focuses on cloud computing, artificial intelligence, digital streaming, and e-commerce. It was founded by Jeff Bezos, who also doubles up as the founder of a space exploration company called Blue Origin.
Amazon is one of the most influential cultural and economic forces in the world and also one of the most valuable brands. It gained popularity from its e-commerce website, Amazon.com.
Should I buy the AMZN stock today?
If you want to invest in a large e-commerce and technology company, then Amazon’s AMZN stock could be a good choice.
However, the world is currently in a volatile state due to the ongoing invasion of Ukraine by Russia and if the war was to attract other countries like the US, businesses including Amazon would be affected and possibly result in a drop in their stocks.
Amazon stock price prediction
The Amazon stock has registered a tremendous comeback in two days and analysts foresee a scenario where the stock could easily get above $3,000 before the end of this month if the current trend is maintained.
$AMZN stock social media coverage
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