It goes without saying that investing your money in today’s age is as important as working for the money. Earlier people would work for the money and save it to use it for purposes like building a home or buying a car or for an emergency. While those things are important too, investing your money is more beneficial. Making your money work for you is the smart way to grow your wealth and save for your future. Whatever be your investing objective, you will find an investment plan that suits your preference.
Nowadays, more people have started investing their money in the stock market. The stock market is a great place to invest your money if you want to build your portfolio. You will find stocks that will give you stable returns and also stocks that may not give you returns regularly but appreciate in value over a span of time. Some stocks appreciate in value very quickly, these stocks are good for investors who are looking for capital growth and building a strong portfolio of shares. Reputed companies like Apple, Microsoft and many others have seen their stock prices shoot through the roof in the last 10 to 15 years, thanks to the ever-increasing demand. Such stocks are great for investors who have a decent amount of risk tolerance.
Apple, Tesla, Facebook, Netflix, etc are some companies whose stocks have seen huge growth over a short span of time. Due to their new age ideas and technologies, the demand for their products rose quickly and reflected in the price of the stocks. But the good thing is that stock prices are still rising, meaning the growth potential in them is very beneficial for investors. Amazon is one such stock that has seen unprecedented growth in its business and in the stock market.
Amazon, traded as ‘AMZN’ on the Nasdaq exchange, is viewed by consumers as a one-stop solution for anything you need. But Amazon is more than just an e-commerce website, it is actually a technology company that provides digital streaming services like Prime Video, and cloud computing solutions under their segment ‘AWS’ (Amazon Web Services). Amazon provides its services to both organic consumers and businesses, making it an important market player.
The founder of Amazon, Jeff Bezos, is one of the richest people on the planet, and credit for that goes to the booming growth of this company’s stocks. What was offered for $18 for a stock is now being traded at more than $3,000? It is currently being sold for $3,138.38 per share. SO anyone who subscribed to Amazon’s IPO back in 1997 is probably a millionaire now; that’s the power of AMZN. If you want to know more information relating to releases of AMZN, you can check at https://www.webull.com/releases/nasdaq-amzn.