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1 Green Flag for Amazon In 2023, and 1 Red Flag

TheMotleyFool

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1 Green Flag for Amazon In 2023, and 1 Red Flag: https://g.foolcdn.com/editorial/images/724064/analyst-investing-tracking-market-wall-street.jpg

Amazon (NASDAQ: AMZN) investors have been on a roller coaster in recent years, with the COVID-19 pandemic leading its stock to skyrocket as home-bound consumers flocked to its e-commerce website. Then in 2022, the company's shares plunged 49.6%, struck by steep economic declines.

The fluctuation has many prospective investors doubtful of the company's future, as Amazon's stock remains down 36% year over year.

After a challenging 2022, there are negatives and positives to the tech giant's potential this year. Here are one green flag and one red flag for Amazon in 2023.

Source Fool.com

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