Amazon is buying these seven stocks, should you? Amazon is investing billions to buy these stocks for a potential takeover or just high returns on its cash with one up over 90% this year alone. I’ll reveal those stocks to buy before Amazon and the three to avoid. ✅ Don’t miss the coming IPO boom, sign up for Linqto now https://mystockmarketbasics.com/linqto
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I dug into the 13F filing for Amazon, the official report that shows what stocks Amazon is buying. We did the same recently with Nvidia stock and saw the five stocks it’s buying are up 64% this year alone. Amazon is pushing more than $2 billion into these 10 stocks and could be signaling more upside ahead. It could be for a takeover later down the road, to protect a major supplier or just to boost returns on its cash…either way, these are stocks you need to watch. I’ll highlight the seven stocks to buy now before Amazon buys them and the three stocks to avoid.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
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