Is Amazon Stock a Buy Ahead of Earnings?
Earlier this year, Amazon.com (NASDAQ: AMZN) made the surprise announcement that founder Jeff Bezos would step down from his position as CEO of the company starting in Q3 2021. Andy Jassy, who previously led the company's fast-growing cloud computing business, would take the reins, Amazon said.
With Bezos' class act to live up to, the pressure is on. Investors will get to see how well the company performed under Jassy's leadership during his first inaugural quarter as the company's CEO next week when the e-commerce giant reports third-quarter results.
Ahead of Amazon's important third-quarter update, here's a preview of the earnings report, as well as a look at whether the growth stock may be attractive going into the update.
Source Fool.com
