Fool.com contributor Parkev Tatevosian reviews Amazon's (AMZN 2.21%) latest financial update and upgrades Amazon stock to a buy.
*Stock prices used were the afternoon prices of Aug. 6, 2023. The video was published on Aug. 8, 2023.
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Amazon Stock Is Back in My Good Graces After a Fantastic Quarter
By Parkev Tatevosian, CFA
–
Aug 9, 2023 at 5:00AM
NASDAQ: AMZN
Amazon
Market Cap
$2,294B
Today's Change
(2.21%) $4.72
Current Price
$218.16
Price as of December 4, 2024, 4:00 p.m. ET
Amazon is smartly cutting costs while growing revenue.
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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