Worth a Read! 3 Hot Publishing Stocks to Buy This Summer.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 06 2024
0mins
Should l Buy AMZN?
Source: Business Insider
- Overview of Publishing Stocks:
- Publishing stocks include companies that publish books, newspapers, magazines, and other media forms.
- Often overlooked due to lack of glamour compared to tech, but the industry is thriving despite digital competition.
- Not commonly sought by average investors for investment opportunities.
- Educational Development (EDUC):
- EDUC is a children's book publishing company with strong stock performance in 2024, showing a 63% YTD increase.
- Operates through two business segments, PaperPie and retail division.
- Amazon (AMZN):
- Amazon, known as "The Everything Company," has a diverse portfolio including Amazon Publishing (APub).
- Shares have increased by 30% YTD, crossing $2 trillion market cap recently.
- Highly recommended by Wall Street analysts.
- John Wiley & Sons (WLY):
- WLY is an under-the-radar publishing stock with a 36% YTD return.
- Despite mixed Q4 results, the company has positive long-term outlook and partnerships with known brands.
- Investment Recommendations:
- Publishing stocks like Amazon, Educational Development, and John Wiley & Sons are suggested for diversifying investment portfolios.
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Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 199.600
Low
175.00
Averages
280.01
High
325.00
Current: 199.600
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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