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Stock Market Sell-Off: Is Amazon Stock a Buy?

TheMotleyFool

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Stock Market Sell-Off: Is Amazon Stock a Buy?: https://g.foolcdn.com/editorial/images/708098/cloud-computing-team-business.jpg

A rise in inflation and subsequent decrease in consumer spending have led to a startling stock market sell-off in 2022, with many companies hit hard by macroeconomic declines. Amazon (NASDAQ: AMZN) has been one of the hardest hit, with its share price down over 46% since January.

However, the company continues to be home to a robust business that is unlikely to be down forever. With its dominating market share in industries such as e-commerce and cloud computing, Amazon is well-positioned to regain its losses down the road.

With Amazon's significant loss in stock price, investors might be eyeing the shares and wondering if they're a buy. Let's see.

Source Fool.com

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