Amazon (AMZN) stock is considered a good buying opportunity after a recent pullback

From Yahoo Finance: 2025-04-02 12:29:00

Amazon (AMZN) stock is seen as a good buying opportunity by LikeFolio’s VP of Research, Megan Brantley, after a recent pullback. The Spring Sale attracted significant interest and should boost first-quarter results. While the e-commerce unit has lost momentum, it remains resilient with strengths like fast delivery and an effective search engine.

Citi is bullish on Amazon (AMZN) ahead of earnings, citing AWS and holiday sales. The tech giant’s e-commerce unit, while resilient, has lost some momentum due to economic factors. Amazon’s speed, convenience, and improved execution make it a best-of-breed name. Some AI stocks may offer greater promise for higher returns in a shorter time frame.



Read more at Yahoo Finance: Amazon (AMZN) Stock Is “Starting to Look Appealing,” Consumer Expert Says