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Amazon Is Now the Best-Performing Stock in the Dow Jones Industrial Average In 2024. Is It a Buy Around Its All-Time High?

TheMotleyFool

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Amazon Is Now the Best-Performing Stock in the Dow Jones Industrial Average In 2024. Is It a Buy Around Its All-Time High?: https://g.foolcdn.com/editorial/images/782381/gettyimages-1824158252-1201x633-65d4be6.jpg

Amazon (NASDAQ: AMZN) joined the Dow Jones Industrial Average in late February -- giving the traditionally stodgy, income-oriented index more exposure to growth.

Amazon has continued its torrid run since 2023. As of June 27, it is the best-performing stock in the index.

Here's why Amazon continues to climb higher and whether the growth stock is worth buying around its all-time high.

Source Fool.com