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This Is Massive News for Amazon Stock Investors
AmazonAmazon(US:AMZN) fool.com·2024-05-19 17:35

Amazon shares look reasonably priced considering the company's long-term prospects.Amazon (AMZN 0.58%) had a rough 2022 as rising inflation weighed on earnings, so last year the company revamped its cost structure to turn things around. And now this year, the market giant is showing investors they still can count on it for major growth. In the latest earnings report, sales increased in the double digits, and net income more than tripled.This is thanks to Amazon's moves to boost efficiency and its ongoing do ...