Is Amazon A Good Long Term Stock?

Is Amazon a good stock?

Amazon Stock Analysis

The rating means Amazon stock currently outperforms 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.

It also has a Relative Strength Rating of 93, which measures a stock’s price performance over the last 12 months against that of all other stocks.

Is Amazon a good stock to buy 2020?

The stock is a short-term winner, too

So it’s good to see that a stock is a short-term outperformer. In 2020, Amazon stock is up 5.5% through March 31, whereas the S&P 500 (including dividends) is down 19.6% over this period due to investors’ concerns about the economic fallout from the coronavirus pandemic.

Will Amazon stock keep growing?

Amazon Stock Is Getting Expensive – But It Still Has Upside

Analysts anticipate an average of $334 billion in revenue in 2020 (against $280.5 billion in 2019, an increase of 19%). So the stock price should continue to rise, but it will likely be at a slower pace.

Why is Amazon a good investment?

Post says Amazon’s heavy investments in building up its fulfillment infrastructure have created several opportunities for the company in the years ahead. He says last-mile delivery capabilities should boost sales of underpenetrated categories such as beauty, personal care, pet care, food and other home goods.