Amazon's (NASDAQ: AMZN) stock has made an impressive recovery this year after suffering steep declines because of macroeconomic headwinds in 2022. The company's shares fell 50% throughout last year but have soared 60% since the start of 2023.
The rally has come as easing inflation has put Amazon's e-commerce business back on a growth path. Meanwhile, the tech giant has shown increasing potential in the high-growth artificial intelligence (AI) market.
The company has a solid long-term outlook. However, before you go stock up on Amazon shares, it's wise to become familiar with the positive and negative aspects of its business.
Source Fool.com