And though the stock may be trading down at the moment, that trend isn’t likely to last forever. Although it had its ups and downs, the company’s strong fundamentals carried it through the dot-com bubble burst and the Great Recession. That’s not the first crisis the company has faced. The company’s share price didn’t even flinch in the face of the COVID-19 pandemic, likely because it benefited greatly from stay-at-home orders and store closures. What’s so exciting about this falling knife?Īmazon is an e-commerce giant with a clear ability to weather economic storms.
There’s no question that some AMZN investors are frustrated beyond words at this point, but that’s often the best time to buy.Įven through the recent selloff, the stock has maintained its position as a favorite among exchange-traded funds (ETFs) and mutual funds. The company operates in a highly cyclical industry and has given up about a third of its value this year alone. Tech stocks like Amazon are likely the last pick you’d expect to find on this list. Valuation Metrics: Price-to-earnings ratio (P/E ratio): ~53 price-to-book value ratio (P/B ratio): ~8 price-to-sales ratio (P/S ratio): ~2.3.Performance: Amazon’s stock price has fallen more than 33% year-to-date (YTD) and more than 38% over the past year.For more ideas, check out our list of the best stock picking services, including The Motley Fool Stock Advisor. There’s a little something for every kind of investor. Here are some ideas for the best stocks to consider buying right now. And there are a few cyclical gems that risk-tolerant investors may want to dive into for a discount on gains that seem all but guaranteed in the future. Many of these are non-cyclical plays that offer strong dividends. The top stocks to buy now are large companies with a massive economic moat - a competitive advantage that keeps competitors from chipping away at them. However, no matter how red the market is, there’s always a glimmer of green.
When the bears take hold of the market, it’s easy to second-guess your investment decisions and difficult to find anything you’d be interested in piling your money into. However, even when picking stocks feels like you’re swimming through a sea of red, there are lush, green opportunities to take advantage of. In times like these, it’s hard to decide which stocks you should buy, if any. The S&P 500 is down more than 21% year-to-date with the Dow Jones Industrial Average and Nasdaq composite falling more than 16% and 30%, respectively. The Federal Reserve, or Fed, is moving to combat inflation at levels we haven’t seen in more than four decades, and most financial experts agree that there’s a high probability of an economic recession in the near term. It’s been difficult to watch the action in the stock market lately.
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