Amazon Earnings Preview: The Weakest of the Magnificent 7?
AMZNAmazon(AMZN) ZACKS·2024-10-18 00:35

Of all the Magnificent 7 stocks, Amazon ((AMZN) has been the most challenging for investors to own over the last several years. While all the other companies in the group excluding Tesla are trading significantly higher than their 2021 highs, Amazon languishes. Amazon’s stock price is at the same price as it was in July 2021. May this lack of progress in the stock price be an opportunity for discerning investors?Amazon's stock has moved sideways over the past three years, allowing its valuation to become in ...