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Markets · Investing · Business
Finance
Is Amazon Stock a Buy After Its Best Quarter in Years?
Amazon just delivered its fastest growth since the pandemic.
Amazon (NASDAQ: AMZN) has been a massive growth story for much of its history, but that changed after the pandemic.
Revenue growth slowed to as little as 7% in Q1 2022 as momentum in both the e-commerce business and Amazon Web Services (AWS) stalled. While some of that was due to challenging comparisons with the pandemic era, its revenue growth remained in the low teens for the next few years, as the chart below shows.
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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.
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