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Amazon made huge investments during the pandemic that are weighing on profitability.
Amazon (AMZN 2.05%) stock investors are interested in when it can move profits higher. Fool.com contributor and finance professor Parkev Tatevosian evaluates Amazon's profit prospects.
*Stock prices used were the afternoon prices of May 3, 2023. The video was published on May 5, 2023.
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 his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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