After the boycott’s launch Friday, March 7, Amazon stock underwent a transient 2.12 percent dip, with shares dropping from an opening price of $199 to a low of $193, though it subsequently rallied, ending the session higher at $202.

We recently published a list of 10 Most Profitable Large Cap Stocks to Buy Now. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against other most profitable large cap stocks to buy now.

What Happened? Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.3% in the afternoon session as markets remained anxious about the negative impact of tariffs, with concerns intensifying following new updates from the Trump administration.

We believe there is minimal cause for concern with AMZN stock, which makes it attractive but highly sensitive to adverse events as its current valuation is very high.