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Suncoast Equity Management Increases Stake in Amazon

Suncoast Equity Management Increases Stake in Amazon

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Suncoast Equity Management, managed by Donald R. Jowdy, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund increased its position by 1,225 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 strong financial performance and positive earnings call insights, highlighting robust growth and strategic advancements. While technical analysis and valuation suggest caution, the company’s innovation and market leadership position it well for future growth.

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

More about Amazon.Com, Inc.

YTD Price Performance: 0.95%

Average Trading Volume: 43,695,989

Current Market Cap: $2279.6B

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