Should You Buy Amazon.com Stock Right Now?
Since the onset of the coronavirus outbreak, a few companies have emerged as the clear winners of the current stay-at-home economy. One of the clearest examples of this phenomenon is Amazon.com (NASDAQ: AMZN). There was an abundance of anecdotal evidence that the company had become the platform of choice for those shopping online, including multiple hiring sprees and changes to long-standing policies.
Amazon removed any remaining doubt about just how well it was performing when the company reported its first-quarter earnings last week. Yet some of the news sent investors running for the exits and left others asking the seminal investing question: Should you buy Amazon stock right now?
Image source: Getty Images.
Source Fool.com
