Amazon (NASDAQ: AMZN) stock has returned dizzying gains for investors over time, and investors are excited that it's up almost 60% this year. But it's actually down about 20% over the past three years, so if you bought within that time frame, you might still be sitting on a loss. But the stock is moving in the right direction.
Let's see if Amazon can replicate some of its past successes and if it should make it onto your buy list.
After a challenging 2022, things are looking brighter overall for Amazon. It's maintaining strong growth rates while navigating inflation and improving profitability, and it's making progress with some of its newer businesses.
Source Fool.com