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Amazone shares are currently not worth buying. On April 14, the stock moved out of the knockout base and then hit a record high of 2,474 on April 30. Since then, Amazon has pulled back almost 5% from the knockout base, but is above the upper limit of the buyout range, which is 2,295.35.

Despite some volatility in recent weeks, the stock remains in a relatively tight trading range. This is quite positive news. After a long homing process, the latest formation was the first phase that is positive.

Honestly, I'd hold off at this point. For now, amazon shares are very expensive and I would rather wait for some recovery.
Unless you are investing for a very long term, absolutely. Amazon is constantly developing its businesses and investing in new startups with potential. Recently, Jeff Bezos invested in an interesting startup dealing with digital shipping and with the capital he has, I think he will be able to develop it.

To sum up. If you are investing for the short term, give it a miss. If you look at your investment in the perspective of at least 10 years, it's worth it in my opinion.

Amazone shares are currently not worth buying. On April 14, the stock moved out of the knockout base and then hit a record high of 2,474 on April 30. Since then, Amazon has pulled back almost 5% from the knockout base, but is above the upper limit of the buyout range, which is 2,295.35.

Despite some volatility in recent weeks, the stock remains in a relatively tight trading range. This is quite positive news. After a long homing process, the latest formation was the first phase that is positive.

Honestly, I'd hold off at this point. For now, amazon shares are very expensive and I would rather wait for some recovery.
Unless you are investing for a very long term, absolutely. Amazon is constantly developing its businesses and investing in new startups with potential. Recently, Jeff Bezos invested in an interesting startup dealing with digital shipping and with the capital he has, I think he will be able to develop it.

To sum up. If you are investing for the short term, give it a miss. If you look at your investment in the perspective of at least 10 years, it's worth it in my opinion.

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In my opinion, investing in Amazon can still be profitable, even though the stock price is already high. Amazon is still a powerful company with enormous growth potential, especially in the e-commerce and cloud computing areas. By investing in Amazon, you can still make profits, especially if you hold onto the stocks for a longer time. On the other hand, investing in a startup may be riskier, but also more profitable in the long run. It is worth considering different investment options and consulting your decisions with a financial expert.

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