If I Could Only Buy 1 Growth Stock in July, It Would Be Amazon By a Mile
Prime Day data shows that Amazon continues to roll on.
Overview
Amazon (NASDAQ: AMZN) stock has bounced off its 52-week low but remains a ways off from its all-time high of $278 a share. The company has had quite a turbulent past couple of years. The e-commerce giant has navigated tariff drama and fluctuating consumer sentiment. Meanwhile, artificial intelligence (AI) is boosting Amazon's cloud business, but those tailwinds have come with soaring capital expenditures.
Despite these bumps in the road, e-commerce and AI remain central growth engines for Amazon. Here's why Amazon is probably the best growth stock you can buy in July.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.