Shares of Amazon (NASDAQ:AMZN) fell 11% on Wednesday after a disappointing earnings report earlier in the week but gained 4% back Thursday. In the aftermath of this volatility, many investors are wondering, “What’s next?”
It’s not easy to say. On one hand, AMZN stock still is up 15% since Jan. 1 and up 60% since 2010. On the other hand, there’s a lot to be said for knowing when the ride is over — and there are warning signs things could be getting rocky for Amazon.
But never fear. Today we’ll make sense of the mayhem with a hard look at the pros and cons of Amazon, finishing with a clear decision on whether now is the time to buy or sell this tech giant.
Let’s take a look now at the pros and cons of Amazon stock: