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Amazon Stock: Buy, Sell, or Hold?


After initially falling sharply during the coronavirus market sell-off, shares of Amazon.com (NASDAQ: AMZN) have rebounded dramatically. Indeed, the stock closed Monday's trading session just a few dollars below an all-time high achieved in February. Putting the stock's recent rebound into perspective, shares are up 30% since March 30.

Investors who missed out on an opportunity to buy this dip in Amazon's stock price may be wondering if now is still a good time to buy shares of the e-commerce company. Or is the growth stock no longer undervalued?

Image source: Amazon.com.

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Source Fool.com

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