Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

5 Reasons Amazon Stock Is a Buy Now


In its recent quarter, Amazon (NASDAQ: AMZN) missed on both top and bottom lines and provided fourth-quarter guidance that was below consensus estimates. Amazon's CEO, Andy Jassy, discussed on the recent earnings call that he expects "several billion dollars" of additional costs for the fourth quarter related to higher employee costs, supply chain contrasts, labor shortages, and overall increased cost of goods sold. 

Amazon undeniably had a rough past quarter, but it is outperforming its peers this holiday season, and I believe the stock is poised for outperformance in 2022.

In the video below, I go into more detail, but from a high level, here are the five primary reasons the stock should rebound in 2022:

Continue reading


Source Fool.com

Like: 0
Share

Comments