3 Reasons to Buy Amazon Stock Before 2023
A stock market sell-off in 2022 has dragged down the shares of numerous companies, with Amazon's (NASDAQ: AMZN) stock down 50% year to date. Rising inflation throughout the last year has made investors wary of consumer-reliant businesses such as e-commerce.
However, despite macroeconomic headwinds, Amazon has continued to see growth within its e-commerce business over the last year. Along with a booming cloud computing service and consistent growth in advertising, Amazon has a promising outlook for next year.
Here are three reasons to buy Amazon's stock before 2023.
Source Fool.com
