Everyone has a different goal for themselves, money wise as well. The stock market is a hotspot for finding all kinds of investors. There are investors of many kinds in the market; some are looking for growth, while some others want steady returns. Whatever type of investor you may be, there are many stocks you can invest in, to satisfy your goals. Investors can be widely classified into two categories, growth investors and risk-averse investors. Growth investors are people looking for capital growth, they are not too focused on returns and are more open to taking risks. Risk-averse investors are those who are looking for steady returns and don’t want to take too much of a risk; their main focus is normal capital growth with stable returns.
There are many stocks in the market that will lead to capital growth for a growth investor. Many stocks have grown 10 fold in the past decade, making them a popular stock. Stocks like Tesla, Facebook, Netflix, Apple, etc are the kind of stocks a growth investor should be looking into. These stocks have grown multiple folds in the last 10 years and are on track to grow even more.
Amazon is one such stock that should be seen as a stock that can add value to your portfolio. The founder of Amazon, Jeff Bezos, is one of the top billionaires in the world, thanks to how the company has grown under his vision and guidance. Amazon is most commonly known for its e-commerce business. But it is, in essence, a technology company that provides various technology products and services like cloud computing and digital streaming services.
Amazon stocks are listed as ‘AMZN’ on the stock exchange. This stock is said to have made many people rich since its IPO in May 1997. If you had bought AMZN stocks back when they were offered to the public for the first time at $18 a stock, and held on to them to this day, you would have been millions of dollars richer; that’s how much growth potential this stock had and it continues to grow. With Amazon becoming a prominent player in the market, be it B2B or B2C, it doesn’t look like its growth trajectory is going to slow anytime soon.
Amazon has a market capitalization worth $1.61 trillion. Currently, AMZN is being traded at $3,138.38 on the Nasdaq exchange. The P/E ratio on this stock is 91.9 and the latest EPS is $34.19. The stock has a day range of $3,131 to $3,197. You can get more information like 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.