Investing.com – Artificial intelligence has been one of the elements that has given tech giant Amazon (NASDAQ:) a boost on the stock market, taking it to historic levels. Yesterday, Wednesday, June 26, the market capitalization of the firm founded by Jeff Bezos managed to exceed $2 trillion for the first time, joining the club of tech titans whose market value exceeds this mark: Google (NASDAQ:), Nvidia (NASDAQ:), Apple (NASDAQ:) and Microsoft (NASDAQ:).
And at noon this Thursday, June 27, the shares were still rising more than 2.3% to around $198.15, bringing their capitalization value to $2.06 trillion. So far this month, its shares have risen 12.3%.
If you are a subscriber to InvestingProyou surely managed to anticipate these gains because the most advanced Artificial Intelligence selected Amazon as one of the 10 best Dow Jones values for May and June within its strategy ProPicks “Master the index.” During this period, Amazon is up 14%.
The selections ProPicks are AI-powered with the stocks that have the greatest potential to outperform market benchmarks updated monthly, informing investors which stocks they should buy and sell each month.
The precision of Artificial Intelligence ProPicks It is such that it previously recommended removing Amazon from its April strategy. In that month, the values of this technology giant showed a drop of 3%. And subscribers to InvestingPro They knew it beforehand.
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But what if we combine Amazon’s potential with ProPicks’ other suggestions in “Dominate the Index”?
Through an analysis known as “backtesting” it is possible to observe that in the period between January 1, 2013 and June 1, 2024, the ProPicks “Master the Index” has delivered an explosive return of 631.6%, outperforming the 195.2% return delivered by 436.4%; it has even managed to surpass other leading indices such as the S&P 500, which, in said period, has delivered 270%.
If we analyze the annualized profitability of this ProPicks selection, we can see that “Dominate the Index” reaches 19%, above the 9.7% of the Dow Jones and the 11.9% of the S&P 500.
Investors now have the opportunity to know in a timely manner what to do with Amazon shares and how to use them strategically with other high-potential stocks to achieve the highest possible returns. You’re still on time! In just a couple of days, ProPicks selections will be rebalanced. If you subscribe TODAY to InvestingPro at this linkyou will be able to know before anyone else if you should hold or sell Amazon shares in July. And the best part: for less than 4 pesos a day!
How to access the strategies?
The first thing you should do is subscribe to InvestingPro. Today is the time! Now you can get your subscription with a discount up to 50% and If you use the MEJORPRO coupon in this link, you will get an additional 10% discount on the 1 and 2 year plans. This is only valid for a few days!
Let’s take as an example that you choose the 1-year InvestingPro subscription: If you apply the MEJORPRO coupon directly from this link, you can get it for less than 4 pesos a day.
But if you want to become a master of fundamental analysis, you can opt for the plan InvestingPro+ for 2 years and the investment you will make with your subscription will be less than 8 pesos per day. It is a unique opportunity!
If you are subscribed to InvestingProyou can also access the ProTips Amazon’s stock outlook, which is a clear-cut view that captures the positive and negative aspects of the company based on the analysis of a sea of financial data; as well as Market Value metrics, analyst target price, company valuations, and hundreds of other metrics to do your own analysis and make the best decision.
With your access you will learn, for example, that there are analysts who are optimistic about Amazon’s potential. InvestingPro reports that the consensus of analysts assigns it an average target price of $218.86, but there are those who give, in the maximum range, a price of up to $245 per share.
As investors, we look for investment opportunities all the time and wonder when it will be time to buy or sell a stock. But that should no longer be a concern, because when using the tools of InvestingProyou will have access to exclusive data and analysis that will help you determine when is the right time to buy or sell a stock immediately.
If you use the coupon BESTPRO You will have a spectacular discount when you sign up for our 1 and 2 year plans. Remember that for just a few days you can get InvestingPro in less than 8 pesos a day. Get it right now by clicking this link!
You can also choose one of the following options to automatically apply your promotion:
Note to the reader: This article is not an investment recommendation. It is suggested to conduct thorough analysis using InvestingPro tools before making any investment.
