Following a strong 90% rally from the March pandemic lows to September’s record highs in 2020, global e-commerce giant Amazon's (AMZN) stock has underperformed the broader equities market (as measured by the S&P 500 Index) so far this year. Amazon stock’s 4.9% year-to-date gain for 2021 pales in comparison to the S&P’s 20% rally so far this year. I am bullish on the innovative company’s long-term prospects right now. (See Analysts’ Top Stocks on TipRanks) AMZN Stock to Grow E-commerce demand's strong show in 2020 was inevitable. Consumers had no other viable options to buy goods.
https://www.tipranks.com/news/article/what-to-make-of-amazons-ongoing-business-transformation?utm_source=advfn.com&utm_medium=referral
Amazon com (NASDAQ:AMZN)
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Amazon com (NASDAQ:AMZN)
Historical Stock Chart
From Dec 2020 to Dec 2021 Click Here for more Amazon com Charts.