Stocks Amazon.com Inc. - [AMZN]
Amazon.com, Inc. - an American multinational company specializing in online commerce, cloud technology solutions, advertising, multimedia and artificial intelligence. As of 2023, Amazon.com is the 12th most visited website worldwide.
How to buy Amazon stock
It is possible to invest in Amazon if you use the services of brokerage companies, for example, the services of the Ukrainian non-broker Fondexx. The purchase of shares takes place with the help of a trading terminal, which can be easily installed on your computer and independently buy shares of the American stock market.
History of the company
The company was founded in 1994 by Jeff Bezos as an online store for buying books, which became a successful and profitable business, so over time it rapidly expanded its range of products: from electronics to food. The company's IPO took place in 1997 at a price of $18 per share.
Like many other American corporations, success prompted Amazon to expand the list of products and services of the company in accordance with the development of technology and global trends. So today Amazon has a list of subsidiaries that specialize in providing various services and products: Amazon Web Services, Ring, Twitch, IMDb, Whole Foods Market, Amazon Prime Video, MGM+ and others.
Launches of new services are important events for the company and its investors, for example, the launch of the service for cloud solutions Amazon Web Services in 2006 was accompanied by a sharp increase in the value of Amazon shares.
Today, Amazon.com is almost the largest and most influential online retail network, and the development of other areas allows the company to rationally allocate resources for growth.
Interesting fact
As mentioned above, Amazon has a really impressive list of projects and company development directions. For example, this applies to ecology, logistics and urbanism: the company invests in environmental initiatives and declares the prospects of becoming completely carbon neutral by 2030.
The coronavirus pandemic in 2020-2021 contributed to the development of technology-oriented logistics, i.e. the use of robots to deliver goods and work in the company's warehouses.
Why do investors choose Amazon?
As you know, Amazon belongs to the so-called "Big Five" - the five largest technology companies, which are considered the most famous and influential players in the American market, so many novice investors often pay attention to these companies. In addition to the general and obvious reasons to invest in Amazon (innovation, development and profitability as a business), the company is characterized by a highly productive ability to form partnerships and potential in new markets and segments. In turn, high competition in the e-commerce market (for example, with Alibaba and Walmart) and risks of changes in legislation and regulations can be noted among the risks of investing in Amazon.
If you decide to invest in Amazon shares, we must remind you of the importance of careful analysis and consideration of all risks for a safe and profitable investment in the American stock market. If you have questions or doubts, we invite you to a free consultation on opening an account and trading on the NYSE.