Amazon (AMZN): One Key Reason the Stock is Still a Bargain... For Now
The first three months of the year have been tough for the US stock market. Increased macroeconomic concerns and geopolitical tensions have left investors with heightened uncertainty while creating fantastic return potential for those willing to take the risk. Indeed, Amazon (AMZN) is one stock that is certainly a bargain for one very good reason. The Magnificent 7 company has long been one of the surest things on Wall Street. However, that changed notably this year, with a host of mega-cap stocks falling in value. That could present an unparalleled opportunity, as there is one thing that may assure the e-commerce juggernaut’s future redemption. Source: Forbes Also Read: White House Says Amazon Showing Tariff Cost is ‘Hostile and Political Act’ Amazon Has One Key Facet That Will Help It Soar, and Why It’s Wall Street’s Best Bet Late last week, it was revealed that Jeff Bezos is planning to sell $4.8 billion worth of Amazon shares. The move echoes a sentiment of concern...