Amazon Stock: Buy, Sell, or Hold?
Amazon (NASDAQ: AMZN) and its investors didn't have the best 2022. The stock lost nearly 50%, and the company reported its first annual loss in almost a decade.
Higher inflation and a rapid ramp-up of its fulfillment network were costly for the company. And investors started to wonder just how long this e-commerce giant's earnings and share price would remain in the doldrums.
Fast forward to today, and Amazon's luck seems to have changed. The stock has soared more than 40% so far this year. And earnings are showing signs of improvement.
Source Fool.com