Should You Buy Amazon Stock (AMZN) in October?
The Magnificent Seven stock is trading 12% below its all-time record.
Overview
Investors who have been fortunate enough to have owned Amazon (NASDAQ: AMZN) over the years have certainly boosted their portfolios' performance. The megacap enterprise, valued at $2.7 trillion, has a leadership position in numerous industries. Its success is a direct result of founder Jeff Bezos' philosophy of obsessing over the customer.
This business is probably still at the top of every investor's watch list. Should you buy Amazon stock in October?
Image source: The Motley Fool.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.