Investors encouraged to consider investing in Amazon in December due to multiple growth opportunities

From Nasdaq: 2024-12-05 06:00:00

Investors are speculating on a Santa Claus Rally or potential market sell-off in December. However, focusing too much on these possibilities could cause them to miss out on lucrative opportunities, like investing in Amazon, which is poised for growth across various segments, including online and physical stores, third-party seller services, advertising, subscription services, and Amazon Web Services.

Amazon is expected to benefit from the holiday shopping season, with e-commerce sales projected to grow by 9.5% year over year. The company’s diverse revenue sources, including advertising and subscription services, are likely to see increased activity during the festive period. Moreover, the release of a new series on Prime Video featuring MrBeast could attract new subscribers, particularly from younger demographics.

With businesses preparing for 2025 budgets, there could be increased demand for generative AI, benefiting Amazon Web Services. Historical data shows that the fourth quarter is typically Amazon’s strongest revenue generator. Given the positive outlook for holiday shopping trends, new content on Prime Video, and the role of AI in technology budgets, December presents a compelling opportunity to invest in Amazon.

While Amazon presents a promising investment opportunity, investors should consider other top stock picks identified by the Motley Fool Stock Advisor team. Historically, their recommendations have produced significant returns, outperforming the S&P 500 since 2002. By following their guidance, investors can build a successful portfolio and potentially achieve substantial gains in the long run.



Read more at Nasdaq: If I Could Only Buy 1 “Magnificent Seven” Stock in December, This Would Be It