Fayt
2022-06-21

$Amazon.com(AMZN)$althought Amazon can be seen as a tech company, its business is so wide ranging that it covers both consumer essential spendings and discretionary spendings. Essential products that can be purchased from Amazing include groceries and household items. Discretionary products and services include electronics and video streaming. Amazon's wide range of products and services protects it from the reduction in discretionary spending that happens in a recession. Its current stock price of being just above $100 after its 20 to 1 stock split makes it a more affordable investment. But do conduct your own due diligence when buying any stocks.

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Comments

  • JC888
    2022-06-21
    JC888
    It's trying to take roots in Singapore now with the launch of Amazon Prime. U subscribed yet?
    • Fayt
      yes I did! its 2 hour delivered for groceries is unmatched
  • PandoraHaggai
    2022-06-23
    PandoraHaggai
    Amazon is far safer than many tech stocks.
  • Maria_yy
    2022-06-22
    Maria_yy
    Good post, I learned a lot.
  • Hktee
    2022-06-21
    Hktee
    Like and comment
    • Fayt
      thanks for the comment!
  • HL Chua
    2022-06-21
    HL Chua
    Still too ex pensive
    • Fayt
      thanks for the comment!
  • ryanoon
    2022-06-21
    ryanoon
    Well done
    • Fayt
      thanks for the comment!
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