Is Amazon Stock at $255 a Share an Obvious Buy Right Now?
The stock's valuation has plunged, but massive AI spending may have given some investors pause.
Overview
Amazon (NASDAQ: AMZN) trades at just above $255 as of the time of this writing. Despite its strengths in e-commerce, cloud computing, and now artificial intelligence, its stock has gained little traction this year.
This situation may leave investors wondering what's wrong with Amazon stock. Has it just paused before resuming its upward move, or is it a stock investors should hold or avoid?
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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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.