WHY IS AMAZON SHARE PRICE SURGING UP? AMAZON SHARES :AMZN Margot Robbie [Q2vE15bmAHB]
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#recession #recession2020 #Amazon #AMZN
Amazon stock has outperformed DJIA by almost 30%. Amazon shares have withstood the market-wide selloff as covered in the sharing. Many investors are anticipating on the saint petersburg boost in fulfilment the current pandemic will bring.
Why?
E-commerce is one of the beneficiaries in this recession because of covid-19.
But AWS which is the most profitable segment keith urban of the business may be impacted by this pandemic.
Do you know it was founded in 2006 and loss making but now contributes almost half of profits.
Sources to read further if you are keen:
Finance and investment books I'd recommend you for self-reading
1) One Up On Wall Street: Why? One of the best books on why anyone can pick a right stock!
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2) 100 Baggers: Why? The section on great depression is a must read gem!
Click here -
3) Think like the great investors: Why? The part on investor over-confidence is a must read!
Click here -
4) Rich dad poor dad: Why? One of the best books I read on asset and liabilities that shape my financial understanding at age20.
Click here -
About Josh:
Josh holds a degree in Accounting.
In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips to help you kickstart your journey towards financial freedom.
As a ChFC charterholder, Josh has agreed to be bound by the ChFC/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video. No products were advertised.
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