shocked Wall Street recently when it announced that it was selling most of its logistics business, roughly a year after acquiring Deliverr for $2.1 billion in an attempt to build a logistics business.

Investors cheered the decision, but perhaps nobody is happier about the news than arch-rival Amazon (NASDAQ: AMZN). Shopify's abrupt exit likely cements Amazon's place as the dominant e-commerce platform in the market.

With shares more than 43% down from their high, now might be a great time to revisit this e-commerce powerhouse. Here is why Amazon's stock is a buy today.

Continue reading

Source Fool.com