I Update My Buy Recommendation for Amazon Stock | AMZN Stock Analysis | Top Stocks to Buy 2024

Amazon is simultaneously driving profit expansion and improving the customer value proposition.
Fool.com contributor and finance professor Parkev Tatevosian reviews Amazon's latest quarterly earnings results and updates his recommendation of Amazon stock.
A portion of this video is sponsored by The Motley Fool.
Visit fool.com/parkev to get access to my special offer.
The Motley Fool Stock Advisor returns are 545% as of 01/18/2024 and measured against the S&P 500 returns of 138% as of 01/18/2024. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.
DISCLAIMER:
All content on this channel is for entertainment and should not be taken as professional financial advice.
#amznstock #amazonstock #amznstockprediction #growthstocks #growthstockstobuy #growthstockinvesting #bestgrowthstocks #topgrowthstocks #bestgrowthstockstobuy #topgrowthstockstobuy #topstockpicks #stockmarket #stocks #stockstobuy #topstockstobuy #beststockstobuy #stockmarketinvesting #investing #invest #investors #warrenbuffett #Cathiewood #investingeducation #valuestocks #garpstocks #stockstoinvest #parkevtatevosian #motleyfool #elonmusk #teslastock #tslastock #amznstock #aaplstock #pltrstock #palantirstock #sofistock #sofi #paypalstock #pyplstock #stockmarketbuys #stockmarketcrash #bullmarket #bearmarket #cnbc #cnbcstocks #cryptocurrency #gold #passiveincome #passiveincomeideas #passiveincomestrategies #dividendstocks #dividendinvesting #dividendstockstobuy #bestdividendstockstobuy #topdividendstockstobuy #dividendos #usastocks #usstocks #financialanalysis #technicalanalysis #fundamentalanalysis #securityanalysis #equityinvesting #dividendyield

[@Archonbuster]

Just got into stocks late last year. This is my favorite channel. No fluff and spectacle. Just level headed analysis. Thank you

[@parkevtatevosiancfa9544]

Much appreciated!

[@EmmaCauchefer]

I agree, and based on good data

[@parkevtatevosiancfa9544]

Thank you, Emma.

[@CaptainBenjamins]

Fun Fact: Amazon has more PhD economists employed than any company in the world, 2nd only to the US Federal Reserve.
These experts play a crucial role in steering Amazon into becoming the world’s most diversified company, with involvement across various sectors of the US economy. Amazon is renowned for being the most customer-centric company ever and they have the quarterly revenue to show for it. If I had to choose one company to invest in, it’s Amazon.

[@EmmaCauchefer]

Many thanks for taking into account my recommendations!

[@parkevtatevosiancfa9544]

Our pleasure!

[@Rilanit1000]

Thanks for that stock Update Parkev! I own Amazon and keep buying whenever there is a small dip

[@parkevtatevosiancfa9544]

Good call!

[@bombmanNL]

Amazon is my biggest stock position (50%) and I’m already in 30% profit. I am considering to hold my current other position but continue adding Amazon this year. It is the sleeping giant that wil be awake 2nd half 2024. Huge upside potential with these fundamentals

[@kdspland]

Thanks! Enjoyed your post!

[@parkevtatevosiancfa9544]

Glad you enjoyed it!

[@chrisp5842]

Great videos. Can you do a video on what to look for in a stock. It'd be helpful to learn generally how to evaluate any stock we come across.

[@parkevtatevosiancfa9544]

Great suggestion!

[@roxiebeagle]

Parkev- thank you for the videos - they are addicting. I am wondering if you will look at Novo Nordisk vs Eli Lilly?

[@parkevtatevosiancfa9544]

I don't venture into health care all that often. Those are two I will consider when I do.

[@roxiebeagle]

@@parkevtatevosiancfa9544 thank you! I’m sure you are watching the 2 of them compete in the GLP-1 market.

[@irtezaali4105]

Best stocks advisor. Bought amzn after ur suggestion and made bank.

[@parkevtatevosiancfa9544]

Great 👍

[@pawandeepsingh8478]

Doing great job 👏

[@parkevtatevosiancfa9544]

Thanks!

[@meesh329]

Great work! Could you give us your insight on INDI?

[@parkevtatevosiancfa9544]

Will try

[@ronmatthews2164]

Thanks for another awesome video about my number one holding stock.
❤😂🎉

[@parkevtatevosiancfa9544]

Any time!

[@yolandasanchez9662]

I’m here 🎉🎉🎉 let’s go Amazon

[@user-bu4it7qb7x]

What is a good entry point right now. I do have Amazon my average is 102.00. I want you to buy more!

[@jesuisrobert808]

Would you take some profits of AI related stocks now after the recent run up? The long term trend is the same but the AI euphoria is a bit unnerving.

[@parkevtatevosiancfa9544]

Not all AI related stocks are equal. Take it on a case-by-case basis.

[@johnnytvisto5112]

Many thanks for your videos, I’ve been watching Amazon stocks for 6 months, I have seen the up and downs of the share price and it was nerve wrecking, now that I see the market doing better and I see the stock price holding up because of its impressive earnings, I am starting to notice the resistance it’s not letting the price go up, I wonder if the sentiment towards Amazon is down ? Also to me it looks like there is a shadow over Amazon stocks because of AMD shares, they were cheap compared to Amazon stocks and now it has skyrocket and that has stolen the momentum for Amazon stocks to go much higher… if you read this I would like to know if you have any thoughts about this. I subscribed to your channel almost same time I bought Amazon stocks back in July last year

[@parkevtatevosiancfa9544]

Thanks for sharing your thoughts.

[@derrickhensley7898]

Healthcare, another venture flop for Amazon