Investments in the shares of leading companies have been considered long-term and profitable at all times. However, this year, stock markets are showing impressive growth and allow you to make a profit much faster - in just a few months or even weeks. In addition, it is not so difficult to choose the most promising asset for investment because there are more and more of them.
Previously, we talked about Tesla. However, their achievements are not phenomenal. Today we want to tell you about Amazon's shares, which have risen by 13.7% since January; over the past 12 months, the share price has risen by 24.5% in total. The position of the world's largest online retailer is more than impressive, and its perspectives seem unlimited, given that Amazon is not yet active in all regions of the world. Amazon's quarterly earnings report exceeded all expectations for the last quarter. Indeed, they exceed investors' expectations regularly, increasing net profit rapidly.
At the moment, Amazon shares are worth more than an ounce of gold. On February 12, the share price reached $2,174. For those who have watched AMAZON's stock rise since 1997, this price seems fantastic and too high. However, for the company that holds a monopoly position in the United States, and at the same time is just beginning its path to development and conquest over the rest of the world, this price is quite justified and may even be understated.
The forecast for 2020 is that Amazon will reach the level of $2,400 per share, although if the current growth rate is maintained, the shares may reach even more impressive heights. Therefore, deals with Amazon shares have every chance to become the most profitable at the end of the year, surpassing deals with TESLA.
