This Congresswoman’s Bet on Amazon.com (AMZN) Was Profitable

Congresswoman Marjorie Taylor Greene bought Amazon.com Inc (NASDAQ:AMZN) shares worthy betwixt $1,001 – $15,000 connected Oct. 24. Amazon.com Inc (NASDAQ:AMZN) shares spiked aft the institution posted its latest quarterly results and crushed Wall Street’s concerns astir its Cloud growth. AWS roseate astir 20% twelvemonth implicit twelvemonth successful the precocious reported quarter.

Mairs & Power Balanced Fund stated the pursuing regarding Amazon.com, Inc. (NASDAQ:AMZN) successful its second 4th 2025 capitalist letter:

“The Fund besides started a caller presumption in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, wherever the institution is good positioned to proceed capturing marketplace stock successful retail portion besides increasing its marketplace starring unreality business. The Fund took vantage of weakness successful the banal during April to commencement the presumption arsenic tariff quality and a precipitous marketplace diminution provided an accidental to physique a position.”

Image by MayoFi from Pixabay

While we admit the imaginable of AMZN arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.