3 Reasons to Buy Amazon, and 1 to Sell
As the buzz surrounding Amazon's (NASDAQ: AMZN) stock split begins to subside, investors are getting back to the real work of evaluating the company as a potential stock pick. Amazon has been a top stock to own over time, gaining more than 1,000% over the past 10 years.
There are many reasons to be confident that it can continue to gain in the next 10 years, but there are also reasons to be wary about the company's current state of affairs. Here are three reasons to buy and one reason to sell.
Amazon Web Services (AWS) is the company's cloud computing segment, and it's continuing to post robust growth and earnings. In 2022's first quarter, AWS sales increased by 37%, and operating income rose 55% to $6.2 billion.
Source Fool.com
