Schaeffer's Top Stock Picks for '25

Amazon.com Stock Pops on AI Startup Investment

The company is ramping up competition with Alphabet and Microsoft

Digital Content Manager
Sep 25, 2023 at 10:11 AM
facebook X logo linkedin


Amazon.com, Inc. (NASDAQ:AMZN) is dipping its toes in the artificial intelligence (AI) industry. The e-commerce giant said it will invest up to $4 billion in cash in Anthropic, a prominent startup in the space, as it looks to ramp up competition with both Microsoft (MSFT) and Alphabet (GOOGL).

The security is up 0.4% to trade at $129.68 at last check, after taking a breather from its Sept. 14, one-year high of $145.86. The $128 level contained this pullback, after stopping selloffs in August and July as well. AMZN is up more than 53% so far in 2023, with support form its 100-day moving average. 

The options pits lean bullish, per Amazon.com stock's 50-day call/put volume ratio of 2.21 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) that ranks in the 77th percentile of readings from the past year.

Attractively priced premiums make now an excellent time to gamble on AMZN's next move. The security's Schaeffer's Volatility Index (SVI) of 30% ranks in the 15th percentile of its annual range, suggesting options traders are now pricing in low volatility expectations. 

 
 
 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter