10 "Amazon Stocks" You Can Buy Instead of Amazon

When it comes to investing in the stock market, it seems as if everyone is advising you to invest in the Amazon's of the world. While there is nothing wrong with the company, there is much more to this world than Amazon. Given the price of one share of Amazon, you might not even find it very appealing to fit into your portfolio. You certainly would not be alone. With that in mind, please know that there are plenty of other stocks out there that are equally as appealing as Amazon is. You might want to focus on those and work to diversify your portfolio to the extent that it fits within your tolerance for risk. To help you, we have put together the following list of 10 Amazon stocks that you can buy instead of Amazon.

10. Old Dominion Freight Line

With Old Dominion Freight Line, you get a well established shipping company that has been operating in America for decades. This is an old fashion trucking company that is still growing and modernizing its fleet. It makes its money because it offers all types of services, locally and nationally, to a wide range of customers. The stock price is under $200 per share, which. makes it appealing to many investors looking for something other than Amazon to put their investment dollars into.

9. Ulta Beauty

Headquartered in Illinois, this is a company that is on the rise. You might know it by its former name of Ulta Salon, Cosmetics, and Fragrance Inc. It is wildly popular with consumers and it continues to grow year after year. Its stock has risen in recent years to just over $250 per share. This is still so much lower than Amazon that you will want to consider adding it to your portfolio. It also a stable CEO in Mary Dillon who has been at the helm of the company since 2013.

8. Align Technology

With 3D becoming more and more popular due to its increase in possible uses throughout many types of industry, it is no surprise that Alight Technology is a stock worth buying. They specialize in making 3D digital scanners. They also make clear aligners. Both of these products are cutting edge and used in orthodontics. They are experiencing massive levels of growth. Based in California, they are able to manufacture their aligners in Mexico. The scanners are made in both Israel and China. With a current stock price of $278, it is more affordable than Amazon.

7. Regeneron Pharmaceuticals

Here is a pharmaceutical company that has been around since 1988. As you are no doubt aware, the medical field is continually growing today, and pharmaceuticals are at the top. This company actually engages in research related to regeneration. This is cutting edge neurotrophic research that is paying off hugely for the company. Revenues continue to grow and the stock price is currently just under $375.

6. United Rentals

It is no longer necessary for many companies to buy expensive equipment any longer. It might not even be cost productive. In exchange, they depend on companies like United Rentals. This is the largest company in the world for the renting of major equipment and machinery. It actually commands just under 15 percent of the market in North America alone. They have over 660,000 units of equipment available to rent out at any given time. Their stock is currently valued at $168 per share.

5. Broadcom

This might not be a company that is a household name, but it is one that firms around the world depend on for its semiconductor parts. It is also a major provider of infrastructure software. They service data centers and networking sites to keep everything functioning as it should. They are also involved heavily in the broadband and wireless sectors of the communications industry. Their stock price is currently at $320 and rising.

4. Abiomed

Here is a company that makes devices related to medical devices. They are also the leading provider of artificial hearts and they manufacture Impella as well . Their world headquarters is in Massachusetts, while they also have offices in Germany and Japan. You will find that their stock price is quite attractive at $170 per share. You might want to consider them as an alternative to Amazon.

3. TranfsDigm Group

With TranfsDigm Group, you will be getting a company that is largely responsible for producing many of the aerospace components used in the military today. They distribute these and service them as well. Two of the main products are mechanical actuators and ignition systems. You will be able to get a share of their stock of just under $595.

2. MarketAxess Holdings

This is the only financial holdings company on the list, but it is definitely worth taking a look at. They service the international community when it comes to financial technology. You will find that they run an electronic trading platform that services various types of credit markets. They are also able to provide services post-trade to a number of different institutions. Their share price is currently just over $370.

1. Netflix

With a share price of just under $335, Netflix continues to be an attractive alternative to Amazon. This is the global leader in streaming video services. Even in the face of mounting competition from other providers, they are on top and are likely to stay there for the foreseeable future.

You really cannot go wrong with considering each of these 10 stocks as an alternative to Amazon. The key is to conduct your own research and learn what you can about each company. Once you decide which of these are most appealing to you, then you can decide how many shares you would like to consider purchasing for yourself. Remember to keep your portfolio diversified in order to account for any potential downturn in the share price.