The past few years have been pretty action-packed for Amazon (NASDAQ: AMZN). The company's revenue soared during early pandemic days as people favored e-commerce over in-store shopping, and Amazon responded to that demand by doubling its fulfillment network.

The shares also climbed -- and last year, Amazon completed a stock split. By lowering the share price, stock splits make the particular stock more accessible to a broader range of investors. (Since splits do this by issuing more shares to current holders, they don't change the overall market value of the company.)

All of that is positive, but Amazon has experienced its share of bumps in the road too. Higher inflation and the general economic context weighed on business last year and pushed the company to make several changes to boost growth. The efforts are showing in Amazon's recent earnings reports, and that's helped the stock advance 50% this year. Now the big question is, after such gains, is this e-commerce and cloud computing giant still a buy? Let's find out.

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Source Fool.com