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5 Reasons Amazon's Q1 Earnings Gave Investors a Buy Signal

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5 Reasons Amazon's Q1 Earnings Gave Investors a Buy Signal

Amazon.com (NASDAQ: AMZN) continued to experience tremendous growth across retail, cloud services, and its burgeoning advertising business in the first quarter. Moreover, strong demand boosted the company's profits, which I believe investors continue to undervalue.

Here are five highlights from the latest earnings report that point to further gains for Amazon investors and reasons for new investors to consider the stock.

For the first quarter, net sales increased by 44% year over year, or 41% excluding currency changes, as customers kept shopping online even as the economy began to reopen and COVID-19 began to be brought under control.

Source Fool.com

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