Speculation in the US stock market and its fall due to the election race give good entry points. Amazon stocks blocked the heap that formed in connection with the closure of the Chinese borders. China is the second economy in the world and the largest industrial base. The largest part of the production is made in China. Closing borders and stopping the supply of products from this country forces the consumer to look for alternative markets. The first on the list is Amazon as the largest online store in the World. Increased sales turnover will be a stimulus to growth. At the moment, Amazon shares have great growth potential.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.