Why Is Amazon Stock Falling, and Is It a Buying Opportunity for Long-Term Investors?

From Nasdaq: 2024-08-03 12:15:47

Fool.com contributor Parkev Tatevosian discusses whether Amazon (NASDAQ: AMZN) stock is a buy at current lower prices on July 31, 2024. The Motley Fool Stock Advisor team did not include Amazon in their list of 10 best stocks to buy, citing potential for monster returns in the coming years. Nvidia, previously mentioned on the list, had a significant return in the past. Stock Advisor has outperformed the S&P 500 since 2002.

John Mackey, former Whole Foods Market CEO and Amazon board member, has ties to The Motley Fool. Parkev Tatevosian, CFA, has no stock positions mentioned. The Motley Fool has positions in and recommends Amazon. Tatevosian is an affiliate of The Motley Fool and may receive compensation for promoting services. Any subscriptions through his link support his channel while not affecting his independent opinions.



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