S&CO Inc. Invests Heavily in Amazon Stock
S&CO Inc., an investment firm, made a significant move by purchasing 196,975 shares of Amazon.com stock in the second quarter. The total value of this purchase is approximately $46.95 million.
This acquisition accounts for about 2.7% of S&CO's holdings and makes it their ninth largest holding. This investment strategy suggests that S&CO Inc. has faith in Amazon's growth potential, as do many other institutional investors.