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4 Reasons Amazon's Latest Financial Results Could Make Investors Buy the Stock

TheMotleyFool

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4 Reasons Amazon's Latest Financial Results Could Make Investors Buy the Stock: https://g.foolcdn.com/editorial/images/752876/a-smiling-courier-delivering-a-box-to-a-smiling-customer.jpg

With a valuation of $1.3 trillion, Amazon (NASDAQ: AMZN) is one of America's largest corporations. While it started out in e-commerce, the company is now also a dominant player in cloud computing, advertising, and even streaming.

Amazon recently reported its financial results for the third quarter of 2023 (ended Sept. 30), and its stock jumped almost 7% higher on the day of the release. It was a better reaction than most of the company's tech-giant peers received after they released their results. Here are four reasons investors are likely to continue buying Amazon stock.

Image source: Getty Images.

Source Fool.com

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