A few years ago, Amazon (NASDAQ: AMZN) wowed investors with its earnings increases and top positions in the high-growth industries of e-commerce and cloud computing. The company is still a leader in these two big markets. But Amazon has slipped up in the earnings department.

That's mainly due to today's tough economy. As a result, Amazon shares have dropped more than 35% over the past year.

I've got some good news for you, though: Amazon's troubles won't last forever -- and the company has what it takes to excel over the long term. All of this means it's a great idea to buy this monster stock before it pops. Let's find out more.

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Source Fool.com