How about Amazon stock?
This week, I’ve been sharing my thoughts on several of the most popular stocks in the world. I mentioned that I thought there were about four stocks in the S&P 500 that could make for better short-term investments if they weren’t quite so overvalued. Among them is Amazon, whose stock currently trades about 17% below its all-time high of $1,000. The stock isn’t completely off the shelf, either, having been upHow about Amazon stock?
If you look at history, it is clear that the way we vote depends on the companies we want to support. The two companies that have had the largest impact on this vote are Amazon and Apple. With Amazon, this vote hinges on whether the company’s stock prices can get a decent valuation when its profit margin is at around $17 billion. If that happens, the company will have a better chance of a Democratic win.
But for Apple, it hinges on whether thereHow about Amazon stock? We can do better than this.
So what’s the problem with Amazon as a stock?
Well, for starters, Amazon stock has fallen in the past three months and is down 25% from its all-time high earlier this month. That’s a massive pullback as you would imagine.
And Amazon’s stock price, if you believe the stock market, is still going up.
So what’s the problem with Amazon stock, you ask? Are there reasons why