Menu
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.com a Buy?


Shares of Amazon.com (NASDAQ: AMZN) ticked higher over the past week, but the stock remains pressured due to a souring economy, slower consumer spending, and worries the e-commerce giant won't be able to maintain the rate of growth investors have become accustomed to.

I recently expressed doubt Amazon could turn $10,000 into $1 million unless the person was really young and just starting out in the stock market. While that doubt stands, I think the global online retailer remains a good investment, just don't expect it to turn you into a millionaire.

Image source: Amazon.com.

Continue reading


Source Fool.com

Like: 0
Share

Comments