Amazon Stock Down But Not Out For 2023 Hosted by MarketBeat StaffJanuary 16, 2023 ShareLink copied to clipboard. Play video for Amazon Stock Down But Not Out For 2023DetailsGuestsEven 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. Read Can Amazon Recover Amid Tech Stock Sell-off?Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioAMZNAmazon.com4.9835 of 5 stars$204.61+1.4%0.10%43.81 Add This Stock to My Watchlist Chris 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 Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffJanuary 16, 2023 ShareLink copied to clipboard. Play video for Amazon Stock Down But Not Out For 2023DetailsGuestsEven 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. Read Can Amazon Recover Amid Tech Stock Sell-off?Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioAMZNAmazon.com4.9835 of 5 stars$204.61+1.4%0.10%43.81 Add This Stock to My Watchlist Chris 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 Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatThe Crypto That’s Making Wall Street SweatThe Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. Big tech gian...Crypto 101 Media | Sponsored7 Natural Gas Stocks to Own Before WinterBefore you can invest in natural gas stocks, it's important to understand how this industry is similar and dif...MarketBeatMissed Nvidia? Watch this ASAPThis little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrou...Brownstone Research | Sponsored7 High-Yield Dividend Stocks Outperforming 10-Year TreasuriesIn March 2023, the yield on the 2-Year Treasury Note reached 5%. Many can remember the gut-wrenching move in m...MarketBeatMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | Sponsored12 Cannabis Stocks to Buy NowSlowly and surely the cannabis industry is becoming mainstream. As more states legalize medical and recreation...MarketBeat
