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Why Is Everyone Talking About Amazon Stock?

Amazon CEO Andy Jassy informed investors about the company's prospects.

By Parkev Tatevosian, CFA – Apr 20, 2023 at 9:05AM EST

In this video, I will evaluate Amazon's (AMZN 0.51%) annual shareholder letter and provide key insights to investors. Amazon's earnings have been pressured since the economic reopening gained momentum, and the CEO Andy Jassy gave his strategy for how he plans to turn things around.

*Stock prices used were the afternoon prices of April 17, 2023. The video was published on April 19, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Amazon Stock Quote
Amazon
NASDAQ: AMZN
$259.79
(-0.51%)-$1.33

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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