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