Up Just 2% and Still Dominant: Is Amazon the 1 Growth Stock Worth Buying Right Now?
Amazon has trailed the market, but retains a strong position in a growth area.
Overview
Amazon (NASDAQ: AMZN) has richly rewarded investors over the years. However, its more recent performance has left something to be desired.
The shares gained 2.5% over the last three months through July 31. Large-cap stocks, as measured by the S&P 500 index, gained 3.9%. Amazon also trailed growth stocks, with the S&P 500 Growth index increasing 4.2%.
Details
Has the market underappreciated Amazon's growth prospects?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.