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Manitou Investment Boosts Amazon Stake with 4,574 Shares

Manitou Investment Boosts Amazon Stake with 4,574 Shares

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Manitou Investment Management Ltd., managed by Alanna Marshall, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund increased its position by 4,574 shares.

Spark’s Take on AMZN Stock

According to Spark, TipRanks’ AI Analyst, AMZN is a Outperform.

Amazon’s overall stock score is driven by its strong financial performance and positive earnings call sentiment. The company’s robust growth in key segments like AWS and advertising supports a high valuation, despite technical indicators suggesting short-term weakness. The absence of corporate events and dividend yield slightly tempers the score.

To see Spark’s full report on AMZN stock, click here.

More about Amazon.Com, Inc.

YTD Price Performance: -3.26%

Average Trading Volume: 43,817,719

Current Market Cap: $2287.3B

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