Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Amazon Stock a Buy Now?

TheMotleyFool

0 0

Is Amazon Stock a Buy Now?: https://g.foolcdn.com/editorial/images/706801/person-looking-at-a-laptop-at-a-desk.jpg

It's becoming more evident that Amazon (NASDAQ: AMZN) is a tale of two businesses: e-commerce and cloud computing. And their performance couldn't be more different either. Amazon Web Services (AWS) is crushing it, while e-commerce is struggling to turn a profit.

Is a company that is having mixed results worth owning? Let's find out.

The sales-growth headline number for Amazon's third quarter was impressive: 15% year-over-year (YOY) revenue growth to $127.1 billion. However, the real issue was Amazon's net income, which fell to $2.9 billion from $3.2 billion last year.

Source Fool.com

Like: 0

AMZN

Share