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Despitesome choppy watersin 2024, shares of the online retail giant are still up significantly for the year.
And as we head into the holiday season, investors may be wondering whether Amazon is a goodinvestment.
Heres what you gotta know about Amazon stock this holiday season.
Also seefive types of stocks to give as gifts during the holidays.
Thats up from $877 last year and well above the previous record of $886 set in 2019.
Amazon is going to take a good percentage of it on logistics alone.
Strong Earnings
It helps that Amazon is coming off a strong third quarter earnings report.
The results helped ease some doubts about the company on Wall Street,Investors Business Dailyrecently reported.
Potential Risks
But there are also some risks to keep an eye on.
Rising competition from other retails could be especially prevalent this holiday season.
However, the companys stock is still in a strong position heading into the holidays.
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