Is Amazon Stock a Buy After Earnings?

By Neil Rozenbaum – Aug 7, 2023 at 9:19AM

NASDAQ: AMZN

Amazon

Market Cap

$1,957B

Today's Change

(-0.27%) -$0.51

Current Price

$186.49

Price as of September 13, 2024, 4:00 p.m. ET

Amazon stock remains one of my highest conviction growth stocks and for good reason.

In this video, I will talk about Amazon's (AMZN -0.27%) second-quarter earnings report and touch on a couple of important points that were mentioned during the earnings call.

*Stock prices used were from the trading day of Aug. 4, 2023. The video was published on Aug. 6, 2023.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Neil Rozenbaum has positions in Amazon.com. The Motley Fool has positions in and recommends Amazon.com. The Motley Fool has a disclosure policy. Neil 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.