AMZN Stock Recent News
AMZN LATEST HEADLINES
Zach Warring goes Inside Out on retail. “You can't go wrong” with Walmart (WMT) and Costco (COST), Zach says, but he also likes Abercrombie & Fitch (ANF), saying they've been able to make a comeback in the last two years with better marketing.
As of this writing, there are three $3 trillion stocks on the market. And in what is unsurprising news, they're all artificial intelligence (AI) stocks.
Amazon (AMZN 2.39%) has been a winning investment over time. The stock has advanced more than 1,400% over the past decade, and just last year, it climbed 44%.
Finding the market's highest-growth prospects at any given time isn't terribly tough to do. Finding stocks capable of quintupling in value over the course of the coming five years, however, is a different story.
Amazon confirmed that it voluntarily paused its Prime Air drone deliveries in Texas and Arizona, but downplayed the role of a reported crash of two drones in December at an Oregon testing facility as a factor in the decision.
It seems clear that 2024 was the year of artificial intelligence (AI) -- or was it? Although some of the market's biggest winners were AI stocks, they weren't uniformly top performers.
"When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever."
Berkshire Hathaway (BRK.A 1.42%) (BRK.B 1.11%) owns shares of more than 40 different companies in its portfolio. To be perfectly honest, there's a solid investment case to be made for all of them.
With as impressive of an investing track record as Warren Buffett has achieved, you'd expect his Berkshire Hathaway portfolio would be loaded with great stocks. And you'd be right.