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Should You Buy Amazon Now or Wait?

TheMotleyFool

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Amazon (NASDAQ: AMZN) has proven it can be a great long-term investment. The e-commerce giant's stock price climbed more than 600% over the past decade. In recent times, though, Amazon has put more frowns than smiles on investors' faces. That's because higher inflation and today's general economic environment have weighed on earnings.

That said, Amazon still is a leader in two high-growth markets: e-commerce and cloud computing. And future prospects look bright. So now the question is: Should you buy Amazon stock right away or wait?

First, a look into Amazon's past. The company has grown earnings over time into the billions of dollars.

Source Fool.com

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