Why to avoid Amazon stock? (2024)

Why to avoid Amazon stock?

But, with such great size, comes a set of unique risks. The biggest risks of investing in Amazon.com, Inc. (NASDAQ: AMZN) stock are increasing competition, profit potential uncertainty, revenue growth uncertainty, speculative valuation and share price volatility.

What's wrong with Amazon stock?

But investors have been watching the business with some concern since early last year. For one, revenue growth has slowed as companies cut back on some computing costs. Plus, there are concerns Amazon is not positioned as well as Microsoft (MSFT) to win generative AI business.

Is it good to invest in Amazon stock?

After examining many stocks in today's market, I've concluded that Amazon (NASDAQ: AMZN) is one of the best buys available. Even though it's had a strong 2024, up 11%, I still think there is room for upside. I've pinpointed five factors that make Amazon a strong buy now, even with its great performance in 2024.

What are the cons of investing in Amazon?

Is Amazon a low risk stock?

Amazon.com Inc. shows a Risk Score of 9.00. The Risk Score for Amazon.com Inc. is significantly higher than its peer group's.

Is Amazon a buy or sell right now?

Amazon stock has received a consensus rating of buy. The average rating score is A1 and is based on 97 buy ratings, 3 hold ratings, and 0 sell ratings. What was the 52-week low for Amazon stock? The low in the last 52 weeks of Amazon stock was 96.29.

What is the future of Amazon stock?

AMZN Stock 12 Months Forecast

Based on 41 Wall Street analysts offering 12 month price targets for Amazon in the last 3 months. The average price target is $209.59 with a high forecast of $230.00 and a low forecast of $175.00. The average price target represents a 17.17% change from the last price of $178.87.

Are Amazon stocks safe?

With its 3-star rating, we believe Amazon's stock is fairly valued compared with our long-term fair value estimate. Over the long term, we expect e-commerce to continue to take share from brick-and-mortar retailers.

What are the best stocks to invest in 2024?

What will Amazon stock be worth in 5 years?

According to the latest long-term forecast, Amazon price will hit $200 by the middle of 2024 and then $250 by the middle of 2025. Amazon will rise to $300 within the year of 2026, $350 in 2027, $400 in 2028, $500 in 2029, $600 in 2032 and $700 in 2035.

What are 3 disadvantages of Amazon?

Is Amazon stock good for long term?

AMZN is a Zacks Rank #1 (Strong Buy) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 39% year-over-year for the current fiscal year, with sales growth of 11.5%. 15 analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024.

Is Amazon financially stable?

Amazon's stock skyrocketed 81% in 2023 thanks to a return to profitability in its e-commerce business and growing potential in artificial intelligence (AI). Easing inflation and excitement over tech stocks have kept the market stable, with now an excellent time to consider investing in this retail giant.

What is Amazon's biggest risk?

What is the most promising AI stock?

Is Amazon stock Undervalued?

Amazon Stock is Still Very Undervalued and Shorting OTM Puts Makes Sense Here. Amazon Inc. (AMZN) reported strong free cash flow FCF margins last quarter. That implies that AMZN stock could be worth between 18% and 58% more.

Who owns the most shares of Amazon?

1. Jeff Bezos. Jeff Bezos still owns the most shares among Amazon shareholders, despite his ownership decreasing to 9.56% as of mid-November 2023, down from 41% in 1998.

What will Amazon stock be worth in 2025?

Does Amazon pay a dividend?

Unlike many companies that provide dividends to investors, Amazon does not offer dividends. While this may make it less appealing to income-focused investors, those prioritizing long-term growth may find Amazon's profit distribution approach and growth strategies advantageous.

Is Amazon stock projected to go up?

Amazon Stock Forecast

The 45 analysts with 12-month price forecasts for Amazon stock have an average target of 182.29, with a low estimate of 116 and a high estimate of 230. The average target predicts an increase of 4.48% from the current stock price of 174.48. * Price targets were last updated on Feb 2, 2024.

Is Apple a buy or sell right now?

Is Apple stock a Buy, Sell or Hold? Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 68 buy ratings, 29 hold ratings, and 2 sell ratings.

Is Tesla a buy or sell?

With Tesla's stock trading at its lowest levels in over a year, I'm treating this phase between Tesla's two growth cycles as an immense buying opportunity and a chance to endorse Musk's ability to fulfill his vision. Only time will tell, but Tesla stock, roughly 60% off its all-time high, seems too good to pass up.

Can I still invest in Amazon?

You can buy Amazon stock through a brokerage account.

Is Costco a good stock to buy?

Costco has a conensus rating of Strong Buy which is based on 20 buy ratings, 6 hold ratings and 0 sell ratings. What is Costco's price target? The average price target for Costco is $772.27. This is based on 26 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

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