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Google trend - Amazon stock

Amazon Owns Stock in 10 Companies. Are Any Buys?

Amazon's 10-stock portfolio was worth $2.5 billion at the end of the second quarter and included companies ranging from an EV maker, to a couple of ...

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Amazon stock - 10 things to know with detail
  • Amazon is one of the largest and most valuable companies in the world, with a market capitalization of over $1.5 trillion as of 2021.
  • The company was founded by Jeff Bezos in 1994 as an online bookstore, and has since grown to become a global e-commerce giant selling everything from books to electronics to clothing.
  • Amazon's stock symbol is AMZN, and it is listed on the NASDAQ stock exchange.
  • The stock has performed exceptionally well in recent years, with its price increasing by over 300% in the last five years alone.
  • Amazon's stock is known for being relatively expensive, with a high price-to-earnings ratio compared to other companies in the tech sector.
  • The company's revenue comes primarily from its e-commerce business, but it also generates significant income from its cloud computing division, Amazon Web Services (AWS).
  • Amazon has faced criticism for its labor practices and treatment of workers, which has led to calls for increased regulation and oversight of the company.
  • Despite these challenges, Amazon continues to innovate and expand into new markets, such as grocery delivery, healthcare, and entertainment.
  • The company's founder, Jeff Bezos, stepped down as CEO in 2021 and was replaced by Andy Jassy, the former head of AWS.
  • Overall, Amazon's stock is considered a solid long-term investment by many analysts, given the company's strong market position, diverse revenue streams, and track record of growth.
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