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How to Buy Amazon Stock | Smart Change: Personal Finance

Amazon stock (AMZN) fundamentals

Amazon has come to be a part of virtually every aspect of our lives, from online shopping to entertainment to cloud storage to asking basic questions of Alexa. The company’s stock is also a vital part of the U.S. stock market, as the fourth largest component of the S&P 500. Because of Amazon’s dominance as both a company and a stock, the company’s every move is closely watched and big moves in its share price can, in turn, affect the broader market.

Amazon is listed on the Nasdaq stock exchange under the ticker AMZN. While the company has expanded far beyond e-commerce, it is still grouped in the consumer discretionary sector alongside retailers, restaurants and hotels, for example. Amazon is also a member of the tech heavy Nasdaq 100 index, and it’s part of the so-called FAANG group of stocks, which includes Facebook (now Meta), Apple, Amazon, Netflix, and Google parent company Alphabet.

When deciding whether you should buy Amazon stock, it’s important to first review the company’s financial information. You can easily access the latest earnings report on Amazon’s website, on and through the documents companies are required to file with the U.S. Securities and Exchange Commission (SEC). In these quarterly documents, you can review Amazon’s business, including details about its various business segments and profit.

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