Amazon Stock Down But Not Out For 2023 Mon., January 16, 2023 Share Share Previous VideoAll VideosNext VideoDetailsGuestsEven an e-commerce giant like Amazon hasn’t been spared from the economic slowdown. For some consumers inflation took away their purchasing power. Others switched their discretionary dollars from stuff to experiences. And businesses are cutting back on cloud spending as well. So much for AWS saving the day. Revenue growth is slowing and earnings are down year-over-year. This is reflected in AMZN stock. But as Markoch points out, none of these threaten Amazon’s long-term business. When the economy turns around, Amazon will be just fine. But should you buy the stock? Give this a watch to find out. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioConsensus RatingConsensus Price TargetAmazon.com (AMZN)3.1783 of 5 stars$100.87-1.3%N/A92.58Moderate Buy$145.41 Add This Stock to My Watchlist Don't Miss a VideoSubscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decision by providing real-time financial data and objective market analysis.Subscribe on YouTubeChris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Recent Videos3 Stocks to Buy And Hold Forever in 2023Chevron: Buy for the Dividend, Stick Around for the Growth3 Dividend Kings For 2023, And a Bonus Pick Featured Articles and OffersWhy Lucid Spiked Nearly 100% In One DayPosted January 27, 2023View Why Lucid Spiked Nearly 100% In One DayMullen Automotive: The Good News, The Bad And The Ugly Outlook Posted January 26, 2023View Mullen Automotive: The Good News, The Bad And The Ugly Outlook Low-Priced Stocks Still Paying DividendsPosted January 24, 2023View Low-Priced Stocks Still Paying DividendsRide These Railroad Stocks for Growth and IncomePosted January 27, 2023View Ride These Railroad Stocks for Growth and Income3 Small Caps That Have Big UpsidePosted January 26, 2023View 3 Small Caps That Have Big Upside3 Late January Earnings Plays With Pop PotentialPosted January 24, 2023View 3 Late January Earnings Plays With Pop Potential Search Videos: Search Articles Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Mon., January 16, 2023 Share Share Previous VideoAll VideosNext VideoDetailsGuestsEven an e-commerce giant like Amazon hasn’t been spared from the economic slowdown. For some consumers inflation took away their purchasing power. Others switched their discretionary dollars from stuff to experiences. And businesses are cutting back on cloud spending as well. So much for AWS saving the day. Revenue growth is slowing and earnings are down year-over-year. This is reflected in AMZN stock. But as Markoch points out, none of these threaten Amazon’s long-term business. When the economy turns around, Amazon will be just fine. But should you buy the stock? Give this a watch to find out. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioConsensus RatingConsensus Price TargetAmazon.com (AMZN)3.1783 of 5 stars$100.87-1.3%N/A92.58Moderate Buy$145.41 Add This Stock to My Watchlist Don't Miss a VideoSubscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decision by providing real-time financial data and objective market analysis.Subscribe on YouTubeChris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video