3 Reasons to Buy Amazon and 1 Reason to Hesitate
Amazon (NASDAQ: AMZN) has had a volatile few years since the pandemic's onset. It did an excellent job fulfilling the surge in demand for customer orders when folks were avoiding shopping in person. As economies reopen, sales growth is slowing down but remaining at high levels. Between all of that, founder Jeff Bezos stepped down from his role as chief executive officer of his founded company.
And now, Amazon's stock has fallen along with the broader market, creating a favorable opportunity to buy. Let's look at three reasons investors should buy Amazon stock and one reason to be cautious.
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Source Fool.com
