Trends-CA

Manitou Investment Boosts Amazon Stake with 4,574 Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Manitou Investment Management Ltd., managed by Alanna Marshall, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund increased its position by 4,574 shares.

Spark’s Take on AMZN Stock

According to Spark, TipRanks’ AI Analyst, AMZN is a Outperform.

Amazon’s overall stock score is driven by its strong financial performance and positive earnings call sentiment. The company’s robust growth in key segments like AWS and advertising supports a high valuation, despite technical indicators suggesting short-term weakness. The absence of corporate events and dividend yield slightly tempers the score.

To see Spark’s full report on AMZN stock, click here.

More about Amazon.Com, Inc.

YTD Price Performance: -3.26%

Average Trading Volume: 43,817,719

Current Market Cap: $2287.3B

Disclaimer & DisclosureReport an Issue

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button