3 Things About Amazon That Smart Investors Know

Amazon (NASDAQ: AMZN) stockholders have been on a roller coaster in recent years. Its shares hit record heights in 2021 as COVID-19 lockdowns made it the go-to for consumers shopping for essentials. Then, an economic downturn in 2022 curbed online spending and sent Amazon's stock crashing back down. As a result, this year has been one of recovery. 

The company's stock is up 53% year to date after consistent profit growth in its e-commerce segments and an expanding venture into artificial intelligence (AI). Amazon is on a promising growth path, making its stock an attractive long-term investment. Despite the rally, its shares remain down 31% since the high it hit in July 2021, suggesting there could be plenty of room left for growth.

It's an excellent time to learn more about this tech giant and potentially invest in its future. So, here are three things about Amazon that smart investors know.

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Source Fool.com