Investors should exercise caution when considering buying Amazon stock before August 1

From Nasdaq: 2024-07-25 09:10:36

Fool.com contributor Parkev Tatevosian provides a preview of Amazon’s upcoming quarterly earnings release on NASDAQ: AMZN. Stock prices referenced are from July 22, 2024, with the video published on July 24, 2024.

Consider investing in Amazon with caution as it was not among the 10 best stocks recently identified by The Motley Fool Stock Advisor team. This team has a track record of selecting stocks with high growth potential, such as Nvidia, which yielded significant returns for investors.

For more insights on potential investment opportunities, check out the 10 stocks recommended by The Motley Fool Stock Advisor team. This service offers valuable guidance on building a successful portfolio and has outperformed the S&P 500 since 2002.

It’s important to note that John Mackey, former CEO of Whole Foods Market, is a member of The Motley Fool’s board of directors. Parkev Tatevosian, CFA, does not hold positions in the mentioned stocks, but The Motley Fool does recommend and have positions in Amazon. Additionally, Tatevosian may receive compensation for promoting services as an affiliate of The Motley Fool.

The author’s viewpoints expressed here are personal and may not align with those of Nasdaq, Inc. It’s essential to conduct thorough research and due diligence before making any investment decisions based on the information provided.



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