How To Trade Amazon
Who are we? Amazon is a multinational electronic commerce company and the largest online retailer in the world.
Full company name: Amazon.com, Inc.
Headquarters: Seattle, Washington,
Expiry formula: (Bid + Ask) / 2
Trading hours: Mon – Fri, 09:30 – 16:00 (EST)
Amazon.com is one of the pioneers in online retailing. It started out as an online bookstore and later developed into an online supplier of various products. The company was founded in 1994 by Jeff Bezos and since then it has been successful in this market sector internationally particularly in North America. Amazon allows sellers to market their products through their websites and also offers marketing and promotional services. It has also been successful with its Amazon Kindle, a tablet where users can download e-books and read them using this handheld device. What makes this company profitable to invest in stocks is its highly volatile market value due to the nature of its business which is online retailing. Amazon follows a bullish business model which makes it alucrative asset to invest on. It is a highly dynamic stock making it an ideal investment vehicle for executing an efficient strategy.
How To Trade This Stock?
Amazon stock is available on the NASDAQ stock exchange under AMZN tag. Amazon is an online retailing company and this market sector is very reliant on products that are introduced to the public that is why it is one of the best stocks to watch for. Businesses like these have fluctuating prices especially when new products are set to be announced and this could be a viable opportunity for investing in the market. You can take advantage of this unstable state of markets by executing a sound financial strategy. The rapid change in the company’s stock value is ideal for making profits in short-term CFD trades that offer large profits and investment profits, in which case Amazon is an asset worth considering.