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Amazon and Snowflake have an interesting relationship investors need to know about.
Fool.com contributor and finance professor Parkev Tatevosian elaborates on how Amazon (AMZN 1.75%) and Snowflake (SNOW 0.01%) have prospects that are correlated.
*Stock prices used were the afternoon prices of May 29, 2023. The video was published on May 31, 2023.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com and Snowflake. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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