Investing for the long term is a great approach, but the most upside is captured when you can buy high-quality stocks at great valuations. In today's video, I will look at four stocks that have solid upside and appear cheap from a valuation standpoint. One of those stocks includes Amazon (NASDAQ: AMZN), which is one of my favorite stocks to buy right now.
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*Stock prices used were end-of-day prices of Oct. 5, 2024. The video was published on Oct. 4, 2024.
Should you invest $1,000 in Amazon right now?
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Mark Roussin, CPA has positions in Amazon and Visa. The Motley Fool has positions in and recommends Adobe, Amazon, PayPal, and Visa. The Motley Fool recommends the following options: short December 2024 $70 calls on PayPal. The Motley Fool has a disclosure policy.
Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.