Fool.com contributor Parkev Tatevosian highlights two categories driving Amazon's (AMZN 0.87%) profit margin higher.
*Stock prices used were the afternoon prices of April 12, 2024. The video was published on April 14, 2024.
2 Catalysts That Could Drive Amazon Stock Even Higher
Amazon is expanding profitability by focusing on more lucrative business segments.
By Parkev Tatevosian, CFA – Apr 16, 2024 at 10:00AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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