Strategic Planning Doubles Down on Amazon Stock
Strategic Planning Inc., a financial institution, has increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 83.3% during the first quarter of this year. This represents a significant boost to their position in the e-commerce giant's stock.
The company now owns 115,509 shares of Amazon.com's stock, which is valued at $23.673 million. This stake accounts for approximately 11.9% of Strategic Planning Inc.'s holdings.
Amazon.com has been a major focus for investors in recent times, with many analysts and market commentators praising the company's strong earnings performance and growth potential.