A Stock to Double Down on for the Rest of 2024

The first half of 2024 has been good for a number of larger companies, but not all companies have participated in the rally. Nonetheless, I still believe shares of Amazon (NASDAQ: AMZN) are intriguing here and should provide plenty of upside moving forward.

This year, the company is expected to reach a new record for Prime Day sales, and that is just one piece of its diversified business.

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*Stock prices used were end-of-day prices of July 12, 2024. The video was published on July 15, 2024.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Mark Roussin, CPA has positions in Amazon. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy .

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