Amazon stock in 2022 - Is Amazon stock worth buying?

The international corporation Amazon is one of the giants of the world market in the field of e-commerce. Its stocks are traded on the NYSE, NASDAQ, and other major global exchanges.

Every day, more than 30 million users from different countries shop at Amazon's online store. The coronavirus pandemic significantly strengthened the corporation's position in the market - consumers began to shop online more often, increasing the retailer's sales turnover.

In 2021, Amazon's net income rose 57 percent to $33.4 billion, or $64.81 per share. For 2020, earnings were $21.3 billion, or $41.83 per share. Group revenue for 2021 rose 22 percent to $469.8 billion, up from $386.1 billion in 2020. The basis of the stable growth of the company was established business processes, implementation of an innovative approach to work, and competent marketing. The personal brand of CEO Jeff Bezos also plays an important role in the retailer's stable position in the market.

Shares of online retailer Amazon since its IPO in 1997 brought its owners an average annual return of more than 30%. Amazon stock is in steady demand on the New York Stock Exchange, with both large investment funds and private investors investing in it. We've prepared a series of articles that will take a closer look at the potential of Amazon stock for your investment portfolio. As well as whether Amazon stock is worth buying in 2022, what prospects and risks investors can expect and where the e-commerce industry will be headed soon.

What is Amazon (AMZN)?

Amazon is currently one of the largest online hypermarkets, offering a wide range of household goods, electronics, home appliances, gadgets, jewelry, baby products, clothing, shoes, food, and other everyday items. The company was founded by Jeff Bezos in 1994, the project was originally called Cadabra Inc and served as a platform for the e-commerce of books. In 1997, the concern carried out an initial public offering of shares at $18 per unit and became a public company. At the moment, the stock is quoted at about $107.

In addition to online trading, Amazon covers some related industries. The company's activities are performed in the following areas:

• E-commerce;
• Computer development;
• Artificial Intelligence;
• Consumer electronics and gadgets;
• Unmanned cars;
• Robotics;
• Streaming services;
• Educational projects;
• Entertainment;
• etc.

In the next article, we'll take a closer look at the top facts about amazon that you should know in 2022.

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Follow our updates for useful information in our series of articles.