How Has Amazon Stock Done Since the Beginning of 2020?
Amazon's (NASDAQ: AMZN) stock performance has made shareholders very happy in 2020 with a 73.5% return year to date. This was nearly five times the S&P 500's appreciation over the same timeframe.
While that's great for existing shareholders, have the shares run out of steam? To find the answer, we will need to delve deeper into the e-commerce giant's metrics to figure out if it can maintain the strong revenue and profitability growth trajectories that have fueled this year's sharp share price increase.