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Amazon’s Earnings Reaffirm My Decision to Keep Holding This Stock

The video covers Amazon’s third-quarter earnings report, offering insight into the company’s financial performance. The content is designed to inform viewers about this specific earnings report and encourages them to consider subscribing for additional updates.

The stock prices referenced were current as of October 31, 2024, when this video was published.

Some investors may feel that they have missed the opportunity to invest in highly successful stocks. Occasionally, a team of analysts provides a special “Double Down” stock recommendation for companies predicted to experience significant growth. For potential investors concerned about missed opportunities, the present moment is highlighted as an ideal time to invest before the chance passes.

Historically, if an individual had invested $1,000 in Amazon following a similar recommendation in 2010, that investment would have grown to $21,706. Likewise, an investment of $1,000 in Apple in 2008 would have increased to $43,529, while a $1,000 investment in Netflix in 2004 would now be worth $406,486.

Currently, new “Double Down” recommendations are being issued for three promising companies, suggesting that such opportunities may not frequently arise.

John Mackey, formerly the CEO of Whole Foods Market, a subsidiary of Amazon, is on the board of directors for The Motley Fool. Neil Rozenbaum, who has investment positions in Amazon, is affiliated with The Motley Fool and may receive compensation for promoting their services. If subscriptions are made through an affiliate link provided by Neil, he earns additional revenue to support his channel. However, his opinions remain personal and are unaffected by The Motley Fool’s relationships.

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