Previous close | 64.25 |
Open | 65.05 |
Bid | 73.35 |
Ask | 74.25 |
Strike | 159.00 |
Expiry date | 2023-06-16 |
Day's range | 64.25 - 65.05 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Given the beatdown growth investors had in 2022, many are now looking for reliable businesses with staying power and long-term growth potential. E-commerce stocks provide strong long-term growth prospects, given the secular trends that have supported the rise of industry juggernauts such as Amazon (NASDAQ: AMZN) over the past two decades. Rising stars in this space, such as Shopify (NYSE: SHOP), have grown in popularity as a way for small and medium-sized businesses (SMBs) to thrive in a post-pandemic environment.
Down 35% over the last 12 months, the stock of Amazon (NASDAQ: AMZN) has been a roller coaster ride for investors. This could encourage the Federal Reserve to ease off its restrictive monetary policy without tipping the U.S. economy into recession -- a scenario often called a "soft landing." For Amazon and other growth-oriented stocks, this is a huge green light because Fed policy affects investors' willingness to pay premiums for their future earnings and cash flow.
Amazon's (NASDAQ: AMZN) revenue grew despite changing consumer behavior. However, Amazon Web Services, its most profitable segment, is decelerating. This video will highlight the critical factors from Amazon's fourth-quarter earnings report.