Amazon (NASDAQ: AMZN) has been one of the best investments on the market ever, delivering gains in the hundreds of thousands over its two-and-a-half decades as a publicly traded company.
In the current unstable economy, Amazon has come into some trouble with both growth and profitability. But winners keep on winning, as this Buffett stock usually demonstrates. How should we approach Amazon stock in this market?
Jennifer Saibil: Amazon disappointed investors with its fourth-quarter outlook in the recent third-quarter report. But the third quarter itself was strong, with a 15% sales increase despite pressure from inflation and the strong American dollar.
Source Fool.com