During the wide spreading of Covid-19 around the world, which is the barriers and impacted to a lot of businesses, however, there is only a small portion of businesses that still remain the growth, mostly categorized as the online businesses. A question pop-up, which stock should you buy during the spreading the Delta variant?

The answer is buying the Amazon stock and why? Due to the wide spreading of Covid-19, the government of the countries could possibly lock down the most spreading location. Whenever, the more locations being locked down, the online businesses become better as the customers are unable to go to the stores, which could push the demand of the online purchasing increases. As we have known that, in 2020, due to the wide spreading of Covid-19, a lot of countries decided to lock down its counties or part of the locations, making the business of Amazon projected a positive growth up to 47% in term of sales. Same as in 2020, the analyst forecasted that Amazon will project another from between 35% to 45%, according to CNBC on 29 July, 2021. However, in Q2 the sales of Amazon have dropped about 7% below the forecasted. Even though, the expectation for Q3 will be increased by 10% to 16%. Thus, this dropped of 7% is an opportunity for the investor who want to buy Amazon stocks.

The recommendation is to buy Amazon at $3333 per share, with the target of $3580 per share. I encourage the investor to use the idle capital to invest in stock, please never use the capital that you are in the need to invest in, as the stock market investment is like the normal businesses, it requires the time up for months or years as same as the normal businesses.

Analyzed by: Mr.Cheng Daravuth, Independent Analyst