|Bid||124.20 x 2900|
|Ask||124.40 x 900|
|Day's range||121.12 - 125.00|
|52-week range||86.71 - 212.58|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||60.44|
|Earnings date||02 Nov 2022 - 07 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||141.03|
The S&P 500 kicked the year off with its worst first half since 1970, as soaring inflation turned investors bearish on the stock market. Here's what you should know about these two growth stocks. Shopify is the retail operating system for over 2 million businesses.
Amazon (NASDAQ: AMZN) is the no-brainer e-commerce leader in the United States, controlling a staggering 38% of the market. Everyone knows about Amazon Prime, and many of you reading this are probably members. Prime is the mousetrap that gets consumers into the Amazon ecosystem, but the company has steadily developed new and emerging businesses over time.
There are certain types of companies that tend to perform well in an inflationary environment. Ironically, they can also include luxury goods companies, which target affluent customers who don't feel the pinch of inflation as much as others. Airbnb (NASDAQ: ABNB) falls into this category, and there's one reason buying its stock could be a genius move.