Amazon
Amazon.com Inc. is a multinational technology company that provides digital streaming, artificial intelligence, cloud computing, and e-commerce services to millions of customers worldwide.
As of recent reports, the company employs over 1.5 million people and has millions of sellers on its platform, along with numerous authors and developers contributing to its ecosystem. Amazon is one of the largest internet companies globally and one of the largest employers in the United States. The company’s headquarters are located in Seattle, Washington.
How to Buy Amazon Stocks – a Key Point Quick Overview
- ☑️ Overview
- ☑️ Vision and Values
- ☑️ Market Performance
- ☑️ How to Buy Amazon Stocks
- ☑️ In Conclusion
- ☑️ Frequently Asked Questions
Overview
Founded by Jeff Bezos, Amazon was first incorporated in Washington in 1994 and later reincorporated in Delaware in 1996. The company launched its first online store in July 1995, allowing customers to purchase books with ease. Amazon went public on May 15, 1997, and began trading on the NYSE. Over the years, the company’s portfolio expanded to include software, music, games, and movies.
To further grow its offerings, Amazon acquired several companies, including Kiva Systems in 2012 and Whole Foods Market in 2017.
Vision and Values
Amazon’s mission is to provide low prices and fast delivery while prioritizing exceptional customer service. The company emphasizes transparent decision-making and long-term investments that benefit both customers and investors. Recognized for its social responsibility and performance, Amazon ranked first in The Harris Poll Reputation Quotient from 2016 to 2018 and topped The American Customer Satisfaction Index for eight years. It was also the leading corporate purchaser of renewable energy in the U.S. in 2016, aiming for 100% renewable energy across its operations.
Market Performance
Amazon.com trades on the New York Stock Exchange under the symbol AMZN. In its first quarter ending March 31, 2019, the company reported an operating cash flow of $34.4 billion, an increase of 89%, with net sales of $59.7 billion and free cash flow of $23 million. Analysts forecast strong potential for Amazon stocks in 2019, indicating great value for investors.
How to Buy Amazon Stocks
Before buying Amazon stock, consider these essential steps:
Step 1: Conduct Research
Investigate Amazon’s values, history, leadership, and market performance to ensure alignment with your portfolio. Review company reports and consult a brokerage firm to assess fit and risk.
Step 2: Calculate Investment Amount
Monitor your total stock investment to maintain alignment with your strategy. Multiply the number of shares by the current market price to find your total investment.
Step 3: Choose Order Type
Select from market, limit, stop, or stop-loss orders. Understand the pros and cons of each to match your investment goals.
Step 4: Open a Brokerage Account
A brokerage account offers flexibility without contribution limits, allowing for withdrawals at any time, making it suitable for medium-term goals.
Step 5: Commit and Purchase
Finally, commit to your investment and monitor the stock’s performance to ensure positive returns. You’re now an Amazon shareholder!
In Conclusion
Amazon’s mission is to offer low prices and fast delivery while ensuring exceptional customer service. The company emphasizes transparency and long-term investments, earning recognition for its social responsibility and performance.
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Frequently Asked Questions
What services does Amazon offer?
Amazon provides digital streaming, artificial intelligence, cloud computing, and e-commerce services.
When was Amazon founded?
Amazon was founded by Jeff Bezos in 1994.
Where is Amazon headquartered?
The company is headquartered in Seattle, Washington.
How many employees does Amazon have?
Amazon employs over 1.5 million people.
What was Amazon’s first product sold online?
Amazon’s first product was books, sold through its initial online store launched in 1995.
When did Amazon go public?
Amazon went public on May 15, 1997.
What are some key acquisitions made by Amazon?
Notable acquisitions include Kiva Systems in 2012 and Whole Foods Market in 2017.
How does Amazon rank in customer satisfaction?
Amazon topped The American Customer Satisfaction Index for eight consecutive years.
What is Amazon’s approach to renewable energy?
Amazon was the leading corporate purchaser of renewable energy in the U.S. in 2016 and aims for 100% renewable energy across its operations.
How can I buy Amazon stocks?
To buy Amazon stocks, conduct research, calculate your investment amount, choose an order type, open a brokerage account, and commit to your purchase.
