Should Investors Buy Amazon Stock Today?

By Parkev Tatevosian, CFA – May 2, 2024 at 9:00AM

NASDAQ: AMZN

Amazon

Market Cap

$1,911B

Today's Change

(-1.27%) -$2.36

Current Price

$183.63

Price as of May 16, 2024, 4:00 p.m. ET

Amazon's sales, profits, and cash flow are soaring.

Fool.com contributor Parkev Tatevosian answers if investors can still buy Amazon (AMZN -1.27%) stock at current valuations.

*Stock prices used were the afternoon prices of April 29, 2024. The video was published on May 1, 2024.

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. 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.