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Practical Advice from

Should You Buy Stock at $1,000? 3 Pros, 3 Cons


Advertisement, Inc. (AMZN) continues to make its believers rich. Jeff Bezos' star continues to ascend, as he’s now piloted his firm’s shares to the highly anticipated $1,000 mark. The company’s earnings continue to grow, and new opportunities with Alexa and a potential pharmacy launch could generate even more growth. But will that be enough to power AMZN stock up further?

Some folks are suggesting that $1,000 will be the end of the line for Amazon stock, at least in the near-term.

Shares look mighty expensive just about any way you consider them. And key business divisions may be starting to lose some momentum. Overall, is AMZN stock still worth buying after this recent run?


Prices and data are from the original InvestorPlace story published on June 2, 2017. Click on ticker-symbol links in each slide for current prices and more.

SEE ALSO FROM KIPLINGER: 6 Retailer Stocks That Can Stand Up to Amazon

This slide show is from InvestorPlace, not the Kiplinger editorial staff.


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