Amazon.com Stock News

No matter how much you like a given stock, you can usually find another you like even better. Eventually, though, you'll get to the one stock that stands above all the rest.

In early 2024, I made three predictions for Amazon (AMZN 0.73%) stock investors. Let's see how I did:

According to data from CNBC going back to 1980, the Nasdaq and other benchmark indexes have historically risen in the months following a presidential election. This trend has continued in 2024, with the tech-heavy index up by around 10% since Donald Trump's win on Nov. 5.

Workers from the JFK8 Fulfillment Center in Staten Island, which houses a staff of about 5,500, joined the picket lines in solidarity with employees from warehouses across the country, including one in New York City, demanding higher wages, better benefits and improved working conditions.

The workers' union hopes that adding employees at the Staten Island warehouse to a protest started by delivery drivers will increase pressure on Amazon.

Warren Buffett has generated tremendous wealth for Berkshire Hathaway investors. From 1965 through 2023, Berkshire shares increased by 4,384,748%, or about 20% per year.

It's that time of year again. I'm not referring to buying gifts and preparing holiday meals -- although that may be part of your agenda too.

Walmart (WMT -1.24%) and Amazon (AMZN 0.73%) are the two largest U.S. companies by sales, in that order. However, Amazon is closing the gap and is likely to soon overtake Walmart.