Fool.com contributor Parkev Tatevosian elaborates on one reason to own Amazon (AMZN 2.19%) stock.
*Stock prices used were the afternoon prices of June 21, 2024. The video was published on June 23, 2024.
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1 Reason to Buy Amazon Stock Right Now in 2024
By Parkev Tatevosian, CFA
–
Jun 24, 2024 at 10:21AM
NASDAQ: AMZN
Amazon
Market Cap
$2,059B
Today's Change
(2.19%) $4.24
Current Price
$197.85
Price as of June 27, 2024, 4:00 p.m. ET
There are many reasons to love Amazon stock. Here's one specific catalyst that could generate healthy returns for Amazon stock investors.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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