Amazon (AMZN) has been on the watch list for a while now, leading the pandemic field e-commerce boom. This week has been big for earnings reports. Amazon reported impressive revenues for the first-quarter on Thursday. Both the first and projected second quarter revenues far exceeded expectations putting the spotlight on the e-commerce giant. Amazon’s profits have been surging through the pandemic and now boasts 200 million Prime members worldwide. Let’s dive into the details and see why Amazon stock is still a buy.
Tag Archives: investor
Buy the Dip | Abbott Laboratories
Abbott Laboratories has just got emergency use authorisation from the U.S. health regulator or its molecular test to detect and distinguish the coronavirus and two types of flu viruses with a single test. Will this set a bright future ahead for the medical company?
Trading 101: Common Candlestick Patterns
After last week’s explanation of how candlesticks are formed and how to interpret them we can now explore what the most common candlestick patterns can indicate. Start analysing charts before you enter a trade, it will almost certainly pay off!
Trading 101: Dividends Stocks
Dividend stocks are a great way to get regular income from your investments. Savvy investors are always on the lookout for the best dividend stocks out there, but during these pandemic-driven economic downtimes, what are the best dividend stocks out there now?
Should I buy SolarEdge? | Biden boosts green tech stocks
This week we are going to look at a stock that isn’t so well covered in the press. SolarEdge is a renewable energy company that is a front runner of its sector. With Biden’s new commitments to green energy, how high will it grow?
How much of my income should I save or invest?
If you are thinking about saving or investing some of your income, you’ve come to the right place! There is no set rule on how much to put away as the amount will really depend on your goals and financial situation. Read on to see how you can work out your goals and how to save for them.
Is Pinterest a buy?
Over one year Pinterest stock price has increased a massive 233%. Over the past three months Pinterest has increased by 62.4% compared to the market average of just 11%. While the image based social media platform is seeing healthy growth, is it time to buy?
Trading 101: Alternative Investments
Alternative investments can open the door to diversifying your portfolio and building some great profit over the years. When you think of investing, you probably didn’t think of annuities, angel investing or even art! But alternative investments can protect against risk by mixing up what you invest in.
What is the January Effect?
It’s a new year! Typically January sees great rises in stock price that sets out the success of markets for the year ahead. Will we see markets rise this month, considering the heavy economic burden of the pandemic? Read on to understand more.
2020: Year of the Bitcoin Boom
Bitcoin price quadruples over 2020, beating shares and gold. Bitcoin has gained 269% compared to the 45% for Nasdaq. But why this year? Despite arguments over the status of bitcoin, cryptocurrency remains hugely popular. The increased exposure and public understanding of crypto over the past few years has boosted demand for the limited supply sky-rocketing its price.
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