Is Amazon Stock a Buy Ahead of Earnings?

Is Amazon Stock a Buy Ahead of Earnings?
·3 min read

Ahead of Amazon's important third-quarter update, here's a preview of the earnings report, as well as a look at whether the growth stock may be attractive going into the update. When the e-commerce and cloud-computing specialist reports earnings next Thursday, investors will be watching closely to see how well Amazon can measure up to a tough year-ago comparison, when revenue was surging as many consumers around the world were sheltering at home. In Amazon's second-quarter earnings release, management guided for third-quarter revenue to be between $106 billion and $112 billion.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting