Invest in Amazon Stock
Over the coming weeks, Financial Joy School will be listing what we believe to be some of the best stocks you should invest in. Here we’ll discuss why you should invest in Amazon stock. If you’re a new investor and don’t know where to begin, or if you’re a seasoned investor looking for a new company, we’ll help get you started. Today, we’re going to look at one of the biggest companies on the internet: Amazon.
The Powerhouse of Amazon
If we were to take a poll today, chances are you’ve heard of Amazon.com and have even purchased something from their website. This powerhouse of an online retailer began humbly in 1994 out of Jeff Bezos’s garage. Within a short five years, Bezos was named Time Magazine’s “Person of the Year.” How did Bezos do this? What did he tap into? Why is Amazon so wildly successful?
With the internet still in its fledgling days, Jeff Bezos had a vision for an online retailer that could ship any product anywhere to anyone’s front door. Over the years, Bezos has built Amazon to be the most trusted name in purchasing and shipping products worldwide. If you pay to be a member of Amazon Prime, you won’t pay for shipping and you’ll get your product in two days or less. This is a fantastic way to do business as it gives the shopper exactly what they want—no fees and faster delivery.
It is not off base to say that Jeff Bezos single handedly changed the face of online shopping forever.
Amazon is in Its Prime
Over the years, Bezos has made extremely smart business decisions by purchasing various companies, such as Zappos and the Washington Post, just to name a few. Amazon has also been backed by some big-name investors which gives clout to the company and strength to their stocks.
Amazon has also established itself in several forms of media as well, including the music industry with their streaming music platform, and online publishing through CreateSpace, where authors can self-publish books to be sold in print or ebook on the website. Amazon also sells groceries and has a film production studio. It would seem there is no industry that Amazon has not touched, which makes this company so rich and versatile for investors.
Amazon Isn’t Going Anywhere
One of the best reasons to invest in Amazon is that the company is here to stay. Jeff Bezos has proven himself to be one of the smartest entrepreneurs in the world, by taking what began out of his own garage and turning it into the largest online retailer in the world. Now with a fleet of trucks, a gigantic workforce, and the guarantee of getting your goods to your front door quickly and efficiently, Amazon is a giant, not only in the real world, but also in the world of investing. If you’re looking for a stable stock that won’t crash and will continue to do well, Amazon is exactly what you’re looking for.
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