Amazon Stock: Strong Profit Center, Economic Woes

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The Motley Fool

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Technology

Amazon stock is down 30% from its February peak, but here are 3 reasons to buy

Summary

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72% Informative

Amazon (NASDAQ: AMZN) is down more than 30% from its early February peak and is testing the waters of new multi-month lows.

Here are three specific reasons interested investors should plow into Amazon stock while it's on sale.

Amazon 's e-commerce arm only accounts for about 40% of its operating income, while AWS makes up nearly 60% of Amazon 's bottom line.

Amazon 's exposure to consumer staples, and focus on pricing and convenience, should help mitigate discretionary spending headwinds on its e-commerce business.

Analyst: "We believe the size and strength of AWS and its advertising business within their respective verticals will likely lead to continued share gains, regardless of the economic environment" The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now.

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