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3 Things About Amazon That Smart Investors Know

TheMotleyFool

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3 Things About Amazon That Smart Investors Know: https://g.foolcdn.com/editorial/images/746464/smiling-parents-and-daughter-at-home-watching-online-movie-together.jpg

Amazon (NASDAQ: AMZN) has become a favorite on Wall Street in 2023, with its stock up over 60%. The growth starkly contrasts with the nearly 50% plunge its shares fell last year amid macroeconomic headwinds. The company rallied investors in recent months with a strong recovery in its retail business and a gradually expanding position in artificial intelligence (AI).

Easing inflation and countless restructuring moves seem to have Amazon on a growth path. As a result, it's an excellent time to learn more about this tech giant and potentially invest in its stock. With shares that have soared 830% over the last decade, it could make a lucrative long-term hold.

So, here are three things about Amazon that smart investors know.

Source Fool.com

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