Amazon Stock: Bull vs. Bear
Amazon (NASDAQ: AMZN) stands as one of the most incredible success stories in stock market history. The company's share price is up more than 15,100% over the past two decades, and the tech giant commands strong positions in highly influential industries. Just this week, it announced plans to acquire healthcare company One Medical for $3.9 billion. On the other hand, its business has been facing challenges lately, and the stock has fallen roughly 30% so far this year as investors have become more cautious about growth stocks.
If you're wondering whether now is the right time to buy, check out these bull and bear takes from two Motley Fool contributors to help inform your decision.
Keith Noonan: Between its e-commerce and cloud-infrastructure businesses, Amazon has spearheaded and continues to dominate industries that have shaped the world. More importantly for investors thinking about buying the stock today, the company's competitive position in these categories remains incredibly strong despite recent headwinds weighing on its valuation.
Source Fool.com
