Singapore markets open in 5 hours 37 minutes
  • Straits Times Index

    3,208.86
    -8.55 (-0.27%)
     
  • S&P 500

    4,275.48
    -12.57 (-0.29%)
     
  • Dow

    33,367.72
    -139.78 (-0.42%)
     
  • Nasdaq

    13,257.10
    +37.78 (+0.29%)
     
  • Bitcoin USD

    27,840.01
    +744.98 (+2.75%)
     
  • CMC Crypto 200

    593.29
    -10.25 (-1.70%)
     
  • FTSE 100

    7,510.72
    -97.36 (-1.28%)
     
  • Gold

    1,845.90
    -20.20 (-1.08%)
     
  • Crude Oil

    88.58
    -2.21 (-2.43%)
     
  • 10-Yr Bond

    4.6830
    +0.1100 (+2.41%)
     
  • Nikkei

    31,759.88
    -97.72 (-0.31%)
     
  • Hang Seng

    17,809.66
    +436.66 (+2.51%)
     
  • FTSE Bursa Malaysia

    1,418.76
    -5.41 (-0.38%)
     
  • Jakarta Composite Index

    6,961.46
    +21.57 (+0.31%)
     
  • PSE Index

    6,304.53
    -16.71 (-0.26%)
     

Amazon Stock Is Up 50% This Year. Is It Still a Buy?

Amazon Stock Is Up 50% This Year. Is It Still a Buy?

Take Amazon (NASDAQ: AMZN), for example; its stock fell 50% in 2022 and has now risen about 45% in 2023. Its online stores revolutionized how consumers shop and how quickly packages are delivered, but Amazon is much bigger than that. While Amazon is known for the products it sells, this business isn't growing, as it was flat in Q1.