If there’s one e-commerce site that has completely transformed the way we see shopping, it’s Amazon. Most people think of Amazon as the largest global online retailer. With 86% of Amazon sellers making a profit, some online sellers can make anywhere from $1,000 to up to $250,000 in sales monthly, making it a top choice for anyone looking to sell things online.
However, Amazon isn’t just a great platform for selling stuff online. In addition to its online marketplace, Amazon is the World leader in cloud computing, publishing, digital streaming, consumer electronics, and AI. This makes Amazon one of the most valuable brands in the world today.
In this blog post, we’ll cover how to buy Amazon stock, whether it is worth investing in Amazon, and what you need to know as a potential investor.
What is Amazon?
Amazon.com, Inc. is a multinational company that offers a range of technology services from e-commerce, cloud computing, digital streaming, artificial intelligence, and much more. Amazon was established in 1994 by the founder Jeff Bezos, and it quickly became the go-to platform for online retail. Furthermore, it has quickly risen in popularity as a digital streaming service as well.
Amazon’s presence is all over the world, with individual websites catering to countries or regions. Order fulfillment is possible for nearly every country on the planet. Amazon’s quick processing, fulfillment, and breadth of sellers and products are what sets it apart as the preferred option for online shopping.
According to Statista, there are over 213.4 million unique monthly visitors to Amazon sites in the U.S. alone. The company had a net income of $11.59 billion in 2019, with net sales amounting to $280.5 billion.
What Is Amazon’s Stock Price and Symbol?
The current stock price for Amazon is around $3,420 per share, unsurprising given the company’s incredible success. Its stock symbol is AMZN.
How Can I Buy Amazon Stock?
While there are many companies that offer direct investment opportunities, Amazon, unfortunately, isn’t one of them. If you’re interested in buying Amazon stock, you will need to use a brokerage account. You can purchase shares through brokerage accounts by using the Amazon ticker on the Nasdaq.
You can find Amazon stock trade in one of two main categories: market order or limit order. A market order will mean you’ll be buying shares at the current available price, while a limit order allows you to set how much you’re willing to pay for a share. If the stock price exceeds your limit order, the purchase will not proceed.
Will There Be an Amazon IPO?
Amazon debuted as a publicly traded company on May 15, 1997. Investopedia reports that the initial share price was at $18 per share— a stark contrast to today’s $3,400 value. The company’s share value has seen over 120,000% in growth over the last two decades, and that number may continue to climb given the company’s popularity.
With a market value of over $1 trillion, Amazon has definitely proven that it’s got staying power. Founder Jeff Bezos is now considered the richest person in the world by far.
Because of its high share price, you might want to do a bit of thinking before you take the leap and invest. It’s important to take note of the risk factors like competition, economy, and even the climate, which can impact your investment in many ways. It’s always a good idea to learn how to research and choose stock before you start picking stocks on your own. If you aren’t comfortable investing in Amazon or don’t have access to the stock market, you could try many other alternative investments. If you’re looking for long-term investment opportunities, however, Amazon is a good bet.
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