Business
Buy, sell, or hold going into 2021?
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
Following an enormous run-up in Amazon.com Inc‘s (NASDAQ: AMZN) stock price during the first seven months of the year, shares have failed to gain any meaningful momentum since then. The stock is currently at the same level it was on 1 August 2020. Does the stock’s underwhelming performance in recent months give investors a buying opportunity as we head into a year that may benefit from a reaccelerating U.S. economy as vaccines potentially begin suppressing COVID-19?
To answer this question, let’s take a look at Amazon’s business momentum and the growth stock’s valuation.
Soaring sales and improved profits
2020 has…
-
Business20 hours agoAged 30 and earning an average wage? You’re now set up for retirement. Here’s how
-
Business17 hours agoHow to earn $100 a month of passive income from ASX dividends
-
Noosa News17 hours agoGelato Messina and Tony’s Chocolonely Have Collabed on a Super Gooey Bake-At-Home Cookie Pie Perfect for Cold Winter Nights
-
Business18 hours agoHow to choose your first ASX ETF