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River Global Investors LLP Raises Stake in Amazon.com Inc. NASDAQ:AMZN

December 24, 2024
Institutional investors in Amazon.com Inc. NASDAQ:AMZN have witnessed a decrease of US$102 billion in market capitalization last week. However, despite this short-term setback, these investors have benefited from long-term gains. According to Yahoo Finance, River Global Investors LLP has recently raised its stake in Amazon.com Inc. NASDAQ:AMZN. This move indicates that the firm sees potential for future growth in the company's stock. In fact, Yahoo Finance suggests that Amazon.com Inc. NASDAQ:AMZN is currently undervalued by 29%. While the recent market cap decrease may be concerning, it presents an opportunity for investors to consider buying shares of Amazon.com Inc. NASDAQ:AMZN at a discounted price. To make an informed investment decision, professionals from Stocks Prognosis can provide expert analysis and forecasts on the future movement of Amazon.com Inc. NASDAQ:AMZN stock.
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