Is Amazon.com, Inc. (AMZN) the Debt Free Halal Stock to Invest in Right Now?
From Verizon Media: 2025-03-31 14:03:00
Investors seek debt-free halal stocks like Amazon.com, Inc. (NASDAQ:AMZN) amid high interest rates for financial flexibility and stability. Jeffrey Gundlach notes market reactions to the Fed’s recent meeting, highlighting bond market behavior. Amazon.com, Inc. (NASDAQ:AMZN) tops the list of debt-free halal stocks, showing significant growth and a strong financial position.
Youssef Squali reiterates a Buy rating for Amazon.com, Inc. (NASDAQ:AMZN) with a $265 price target, noting its strong North American revenue performance. Polen Focus Growth Strategy praises Amazon’s expanding operating margins and projects 20% earnings growth over the next five years. Amazon ranks 1st on the list of debt-free halal stocks, with AI stocks showing even greater promise.
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