3 Reasons to Buy Amazon Stock
Sales and profits have been surging for Amazon (NASDAQ: AMZN) since the onset of the pandemic. As consumers of both essential and discretionary products relied increasingly on online retail and web services, the e-commerce retailer and tech giant made sure its services were available, and superior, no matter what hurdles lay in front. The reliability Amazon demonstrated over the past few quarters to its customers, arguably at the time of their greatest need, will surely go a long way in securing customer loyalty.
Investors got a glimpse of Amazon's earnings power with scale in 2020 as operating profits soared. Let's dive into the details and see why Amazon stock is still a buy.
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Source Fool.com
