This is actually my first time investing into stocks, I have never tried it before because I was always apprehensive about it. But, I’ve done a lot of research on Amazon and being an avid shopper on this platform I decided to invest around $1000 because I wanted my money to work for me, not the other way around. Turns out, not only was the investment platform so intuitive to use, I was able to profit in less than 5 months over $25,800!
Amazon's stock price has gained more than 7% on better-than-expected sales and cloud revenue. Earnings per share were particularly strong, exceeding consensus analyst estimates by more than 60%, these types of stock numbers are dreams come true for any investor. You have nothing to lose with Amazon investment, it’s truly a gold mine.
I decided to invest $5000 into Amazon stocks because I took the advice from a well known billionaire entrepreneur and investor, Mark Cuban! He was on CNBC’s “Fast Money” segment and I just knew that he was truly giving viewers the recommendation to invest into Amazon, he said that Amazon shares will keep going higher no matter what happens. Next thing you know, I have tripled my profit in less than 1 month!
Amazon’s big quarter has reassured the market that the company is still making the right calls on investing in its business. Even at nearly a $1 trillion market cap, Bank of America analyst Justin Post recently listed 10 things he still loves about AMZN stock and that’s why I invested into Amazon. Greatest decision of all my stock investment, it’s a no brainer!
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Digital shopping is hotter than ever, especially now as Amazon is the top e-commerce platform it is the perfect time to invest into this growing billion-dollar empire.
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