Should Investors Buy the Dip on Amazon Stock?
Amazon (NASDAQ: AMZN) has delivered more than packages over the years -- it's delivered investors huge long-term gains. The e-commerce giant has increased more than 700% over the past decade, for example.
But recent times have been difficult for Amazon. And if you're a new Amazon investor, times probably have been difficult for you, too. The shares have lost more than 40% this year.
Rising inflation, supply chain disruptions, and excess fulfillment capacity have plagued Amazon, and this has weighed on key metrics such as operating income and free cash flow. Amazon's stock performance reflects the turmoil, but is this decline an opportunity? And does that mean investors should buy Amazon on the dip? Let's find out.
Source Fool.com
