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Should You Add AMZN Stock to Your Cart in 2014? Our Experts Weigh In

A sky-high valuation hasn't held Amazon back yet

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Amazon (AMZN) stock has continued to turn heads in 2013, both thanks to ambitious plans and impressive stock growth. Since Jan. 1, shares of AMZN stock have climbed around 55% — more than double the broader market’s climb.

amzn-stock-amazon-stockYet while the-commerce king boasts solid stock gains and is set to record roughly $75 billion in revenue this fiscal year, it’s on track for hardly any profits.

AMZN stock investors seem to be banking on continued growth as the company maintains its online sales dominance and branches out into other areas including streaming video, web services, packaged goods, groceries and maybe even drone delivery.

But it remains to be seen whether Amazon stock holders will continue to tolerate potential in the place of actual earnings.

So is AMZN stock a smart buy heading into the new year? We asked a few InvestorPlace experts to weigh in. Read on to find out what they think about Amazon — not as an innovator, but as an investment.

Article printed from InvestorPlace Media, http://investorplace.com/2013/12/amzn-stock-amazon-buy/.

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