Amazon Is Now the Worst Performer Among the "Magnificent Seven" Over the Last 5 Years. Is Amazon a No-Brainer Buy, or Is There More Room to Fall?
Amazon's aggressive capital expenditures are troubling some investors.
Overview
Amazon (NASDAQ: AMZN) has a lot going for it. The company has a huge e-commerce business that has transformed how people shop and disrupted the brick-and-mortar retail model. And its Amazon Web Services (AWS) is the biggest cloud computing company in the world, with a market share of nearly 30%.
The company also is emerging as a key player in satellite internet service. Its Amazon Leo is seeking to compete with Starlink, the satellite internet service of Space Exploration Technologies, or SpaceX, in operating networks of low-orbit satellites to provide mobile service and internet to underserved and rural areas.
Details
Despite all this, Amazon shares aren't getting much love. Of all the members of the "Magnificent Seven" cohort, it has been the worst-performing stock, gaining only 33% over the last five years.
Source
Originally published at www.fool.com.
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