Is Amazon A Strong Buy?

Is Amazon stock a strong buy?

Amazon (AMZN) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy).

This upgrade is essentially a reflection of an upward trend in earnings estimates — one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company’s changing earnings picture.

Is Amazon a buy?

Amazon stock is currently a buy, with the buy range extending to 2,295.35. The stock moved above its 50-day moving average on Monday, a positive sign. Amazon also is one of the exclusive FAANG stocks. Along with Facebook (FB), Apple (AAPL), Netflix and Google, Amazon draws the attention of investors.

Will Amazon beat earnings 2020?

Amazon.com, Inc. is estimated to report earnings on 04/23/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date.

Can I buy Amazon stock directly from Amazon?

How to Buy Amazon Stock Through a Brokerage. Amazon’s stock is available to investors of any age (18 in some states, or 21 in others). Many companies offer direct investment options for their stock, but those interested in purchasing through Amazon, however, must utilize a brokerage account to become a shareholder.