Buying Amazon Ahead of the Split- Are You Jumping In?

in Pictures Diary • 3 years ago (edited)

Screenshot_20220331-195150~2.png

Chart from Robinhood App

Amazon has enjoyed a nice run over the past month. News of the 15:1 stock split and the QQQ bounce have produced substantial short-term profits. As a holder of AMZN, I am buying more ahead of the split and am wondering what the Steemit investing community is doing here?

The stock has soared more than $200 over the last month on the news and the NASDAQ revival. Is it time to sell the news? As the NASDAQ continues to roar upwards, there is still room to run. Amazon is a $1 trillion+ company that competes with Apple, Microsoft and Meta Platforms (formerly Facebook). Of all the FANG stocks, this is the most compelling story.

What say you? Are you waiting for the stock split or buying ahead of the inevitable pump?

#stock #investing #money #amzn
3 years ago in Pictures Diary by
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