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Should You Buy Amazon Stock Before Dec. 19?

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  Print publication without navigation Published in Media and Entertainment on by Michael Jones
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
On Dec. 19, Amazon plans to release an original series called Beast Games -- an obstacle course-style reality show featuring YouTube's biggest star, MrBeast (whose real name is Jimmy Donaldson). I think this is a game-changing opportunity for Amazon and working with MrBeast could be a major tailwind for the company.
The article from The Motley Fool discusses whether investors should consider buying Amazon stock before December 19, 2024, due to several upcoming events that could influence its stock price. Amazon is set to join the Dow Jones Industrial Average, replacing Walgreens Boots Alliance, which could potentially boost its stock due to increased visibility and prestige. Additionally, Amazon's CEO, Andy Jassy, is scheduled to speak at the New York Times DealBook Summit on December 11, where he might share insights or announcements that could affect investor sentiment. The article also mentions Amazon's robust performance in e-commerce, cloud computing (AWS), and advertising, with AWS showing signs of reacceleration in growth. Despite these positive aspects, the article advises caution, noting that while these events might provide short-term catalysts, long-term investment decisions should be based on Amazon's fundamental business performance and future growth prospects.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/04/should-you-buy-amazon-stock-before-dec-19/ ]