Amazon Stock Is at an Inflection Point. It's Time to Buy the Stock Like There's No Tomorrow.
It's clear that Amazon's (NASDAQ: AMZN) stock is at an inflection point. After CEO Andy Jassy took over from founder Jeff Bezos, a new emphasis on profitability and cloud computing became evident, which is a massive transformation for Amazon.
Gone are the days of haphazard spending on growth; instead, Amazon is growing even faster while generating record profits. Most of the market doesn't realize it yet, but Amazon is at a generational tipping point, and investors would be wise to pile into the stock before the rest of the market notices.
Amazon's business has many moving pieces, but the least exciting is the e-commerce store. While this is the largest segment within Amazon, it's also one of the slowest growing. However, investors should pay attention to the businesses developed around its core offering.
Source Fool.com
