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How to buy Amazon shares | US$3217.01

Own your own AMZN stock in just a few minutes.

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US$3217.01
current price
US$9.8
change
0.306%
change %

While Amazon (AMZN) shares have fared better than most during the coronavirus stock market crash, the Amazon share price is still slightly down from it's recent all-time high. Investors looking for a safe stock may consider now is a good time to buy shares in Amazon.

It opened the day at $3223.06, after a previous close of $3207.21. During the day the price has varied from a low of $3192.01 to a high of $3266. The latest price was $3217.01 (25-minute delay). All prices are listed in US Dollar.

Amazon (NASDAQ: AMZN) is an American multinational tech company that specialises in e-commerce, AI, cloud computing and digital streaming. Amazon was founded by Jeff Bezos in 1996 and now employs over 750,000 people.

How to buy stock in Amazon

  1. Compare share trading platforms. To buy shares in a US company from New Zealand you’ll need to find a trading platform that offers access to US stock markets. If you’re just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Amazon. Find the share by name or ticker symbol: AMZN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Amazon reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of US$3217.01, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Amazon, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Amazon. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
  7. Price details for Amazon (AMZN)

    Open $3223.06 Previous close $3207.21
    High $3266 Change $9.8
    Low $3192.01 Change % 0.306%
    Close $3217.01 Timestamp 1603224000
    Volume N/A GMT offset 0

    Amazon stock price

    Use our graph to track the performance of AMZN stocks over time.

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    The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

    Amazon stock summary

    Amazon.com, Inc (AMZN) is an American multination technology company and the world's largest internet company by revenue. Amazon was publicly listed on the NASDAQ stock exchange in 1997. In 2015, it overtook Walmart to become the most valuable US retailer stock by market capitalisation. It is considered one of the "Big Four" US tech company stocks, along with Apple (AAPL), Microsoft (MSFT) and Google (GOOG).

    Where can I buy Amazon shares?

    Amazon (AMZN) is only available on the NASDAQ stock exchange in the US (NASDAQ: AMZN). It is also a component of many leading stock market indices, including the NASDAQ-100, S&P 100 and S&P 500. In New Zealand, Amazon shares can be bought using a broker or trading platform that offers access to the NASDAQ.

    Is it a good time to invest in Amazon stock?

    According to investing sites like IG and the Motley Fool, now may be a good time to buy shares in Amazon, as the company is likely to prosper during the coronavirus pandemic. Like most stocks, the price of Amazon shares has experienced significant volatility over recent weeks. However, the Amazon share price has fared much better than most during the current crisis, as demand for online shopping has risen in light of social distancing measures. While the current price of Amazon shares are below it's recent all-time high, it recovered well following the stock market crash in March and returned to the stock price at which it began the year. Those looking to invest in Amazon shares need to consider how well-positioned the company is to deal with the coronavirus pandemic in both the short- and long-term.
    Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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