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Is It Too Late to Buy Amazon Stock?

TheMotleyFool

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The stock market's gains in the past year and a half have left many investors smiling. Since the end of 2022, the S&P 500 has risen by more than 37%. But that also puts investors in a difficult spot as they try to figure out whether this momentum will continue.

For example, Amazon (NASDAQ: AMZN) has been a standout performer, with the share price rising about 110% during this span. Have investors gotten too carried away in terms of how they're valuing the stock? While it's fun to talk about stock prices, getting a grip on Amazon's business, prospects, and valuation will help you determine whether or not you should buy the stock now.

Image source: Getty Images.

Source Fool.com

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