2 No-Brainer Reasons Why Amazon Is a Must-Own Stock
Amazon (NASDAQ: AMZN) is one of the least understood big tech companies. Everyone is familiar with its e-commerce platform and most probably use it weekly. However, its e-commerce business isn't a primary profit driver.This is why worrying about what China tariffs will do to Amazon's business isn't productive. There are other parts of Amazon's business that make the majority of the profits, and these will do just fine.Image source: Getty Images.Continue reading
Amazon (NASDAQ: AMZN) is one of the least understood big tech companies. Everyone is familiar with its e-commerce platform and most probably use it weekly. However, its e-commerce business isn't a primary profit driver.
This is why worrying about what China tariffs will do to Amazon's business isn't productive. There are other parts of Amazon's business that make the majority of the profits, and these will do just fine.
Image source: Getty Images.
