Why Amazon Stock Can Beat the Market and Notch Its Best Monthly Streak in 20 Years

Amazon stock beat the wider market in August and history suggests it can do so again in September. If Amazon has another positive month, it will mark its longest monthly winning streak in 20 years. And Wall Street is bullish.

Investors are now bracing for a brutal September, with this month historically being the worst of the year for the stock market. The S&P 500 has on average lost 1.1% in the month of September, declining in this month for the last three years straight. Amazon has, on average, returned 6.6% in the month of September, with its best performance in that month on record being an eye-popping gain of 86% in 1997, the first year it was listed on the stock market. A total of 58% of Septembers have been positive for the stock.

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