Amazon (AMZN) Stock Review – Should You Invest Now?

Amazon (AMZN) price: What is the current price?

Here’s a live course from Amazon. See also: Notice of Action (ALENT) – Should I Buy Now? Our opinion, analysis and forecast 2022.

It was announced on 1Er July European Commission in a talkedsaying it was the result of a dialogue between Brussels, national consumer protection authorities and the American giant.

The platform will now allow EU consumers to cancel their Amazon Prime subscription with just two clicks, using a clear and visible “cancel button”.

Long live Europe! 🇪🇺 Brussels forced Amazon to make it much easier to unsubscribe from Amazon Prime, which will now be done in two clicks with a big “Cancel” button.

First, the 2021 complaint

Last April, the European Consumer Organization (BEUC), the Norwegian Consumer Council and the Transatlantic Consumer Dialogue filed a complaint with Brussels about Amazon’s attitude. ” Opting-out practices were reported to consist of a large number of barriers to unsubscribing, including complex navigation menus, biased wording, confusing choices and repetitive prompts “, says the press release.

Brussels imposes on Amazon a simplified refusal to subscribe to Prime. OK, how about the others? Do you need to file a complaint every time?

It should be noted that Brussels will continue to monitor the fulfillment of the commitments made by the American giant so that the company respects European consumer legislation.

In a recent analyst note, JP Morgan reiterated its bullish view on Amazon shares, with a buy rating and a $175 price target.

An Opinion on Reasons for the Fall in Amazon (AMZN) Shares

Amazon stock could be negatively affected by a number of factors. See the article: OVH shares opinion (OVH) – Should you invest now? Our opinion, analysis and forecast 2022.

  • Decrease in purchasing power in the USA

  • Group social scandals

  • Class action

  • Security breaches of Amazon products and services

  • Quarterly results are worse than expected

An Opinion on Why Amazon Shares Are Rising (AMZN)

A number of factors can have a positive effect on Amazon shares. Read also: Laurentian Bank (LB) shares opinion – should you invest now? Our opinion, analysis and forecast 2022.

  • Announcement of new products or services

  • Group diversification

  • Increase in group sales

  • Progress in the cloud

Our take on Amazon stock: Is it a good investment?

Amazon Mid-Term Action Alert

Experts have conducted many analyzes that expect Amazon’s price to reach $250 in 2022. But we believe that $200 is realistic given that the cloud business will grow even more in 2022.

A Long-Term View of Amazon Stock

Andy Jesse, the new CEO of Amazon, is called the father of the cloud, the idea arose in 2005. That’s why we believe the cloud will drive Amazon’s growth as the company continues to digitize in the coming years.

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