Fool.com contributor Parkev Tatevosian elaborates on one reason to own Amazon (AMZN +4.00%) stock.
*Stock prices used were the afternoon prices of June 21, 2024. The video was published on June 23, 2024.
1 Reason to Buy Amazon Stock Right Now in 2024
By Parkev Tatevosian, CFA – Jun 24, 2024 at 10:21AM
NASDAQ: AMZN
Amazon
Market Cap
$2.6T
Today's Change
(4.00%) $9.78
Current Price
$254.00
Price as of November 3, 2025 at 4:00 PM ET
There are many reasons to love Amazon stock. Here's one specific catalyst that could generate healthy returns for Amazon stock investors.
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.