Connect with us

Business

Amazon Is Getting Back to Its E-Commerce Roots. The Stock Should Benefit.

News Agencies

Published

on

Back in July, I wrote a Barron’s cover story that made a bullish case for


Amazon.com


tied to the enormous long-term value of the company’s cloud-computing arm,


Amazon


Web Services. Mea culpa.


Amazon


shares have since fallen 25%, amid concerns about the near-term growth prospects for both the company’s core e-commerce business and for AWS.

While those worries are valid, I’m more convinced than ever that it makes sense to buy


Amazon


com (ticker: AMZN) shares for the long haul. So, while shopping for Squishmallows and Barbie Dreamtopia Mermaid dolls over the holiday season, you might want to commit a few bucks to


Amazon


shares, as well.

Continue Reading
Advertisement

Breaking News

Advertisement

Editor Pick’s

Latest Entertainment

Entertainment1 hour ago

Meghan Markle and Prince Harry’s Netflix Docuseries Release Date Revealed: ‘We Know the Full Truth’

Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex meet and greet the public at the Sydney Opera House...

Entertainment14 hours ago

Bob McGrath, original ‘Sesame Street’ star, dies at 90

Sesame Street star Bob McGrath (pictured in 2013) has died at age 90. (Photo: Robin Marchant/Getty Images) Bob McGrath, an...

Entertainment15 hours ago

‘Breakfast Club’ stars Molly Ringwald and Ally Sheedy reunite for dinner nearly 38 years after film’s release

Ally Sheedy and Molly Ringwald (in a scene from The Breakfast Club) reunited 37 years after the 1985’s film release....

Entertainment15 hours ago

Al Strobel, Twin Peaks Actor, Dead at 83

Al Strobel, the actor who played Phillip Gerard (aka “The One-Armed Man”) on Twin Peaks, has died. He was 83....

Entertainment16 hours ago

‘Emancipation’ Producer Joey McFarland Apologizes for Bringing Photo of Enslaved Man to Premiere

“Emancipation” producer Joey McFarland has apologized after facing criticism for bringing a photograph of the enslaved man known as “Whipped...

Entertainment17 hours ago

Director Andrew Dominik blames ‘Blonde’ backlash on audiences wanting ‘to reinvent Marilyn Monroe as an empowered woman’

Andrew Dominick, the director of the controversial Marilyn Monroe biopic Blonde, spoke out about the film’s backlash. (Photo: Sylvain Lefevre/WireImage)...

Entertainment18 hours ago

Brendan Fraser says his 2003 groping incident was ‘causing me emotional distress’

Brendan Fraser is poised for a career comeback — and potentially an Oscar — with his return to the big...

Entertainment18 hours ago

Theo James Used a Prosthetic in ‘White Lotus’ Nude Scene: It’s Like It Was ‘Stolen Off a Donkey’

The second season of HBO’s”The White Lotus” is well underway, featuring lush imagery of Sicily and, to some viewers’ shock,...

Latest Sports

Sports40 mins ago

Everything the Dallas Cowboys said after beating the Indianapolis Colts

Quotes from the postgame press conferences, locker room interviews and more

Sports1 hour ago

Alabama LG Javion Cohen set to enter NCAA transfer portal

Alabama starting offensive lineman Javion Cohen is set to enter the NCAA transfer, he announced Sunday night.

Sports1 hour ago

Brian Daboll’s questionable decision to punt in Giants’ tie with Commanders puts pressure on as postseason nears

Giants head coach Brian Daboll passed on a chance to win the game in a 20-20 tie with the Washington...

Sports2 hours ago

Bonds, Clemens left out of Hall again; McGriff elected

The committee passed over Bonds, Clemens and Curt Schilling in favor of McGriff.

Sports2 hours ago

2022-23 Bowl Schedule: Where UK, U of L, WKU and everyone else is headed for the holidays

The Wildcats, Cardinals and Hilltoppers were assigned their bowl destinations Sunday. See who they’ll be playing — along with all...

Sports3 hours ago

Ezekiel Elliott came off bench for first time in Cowboys career due to what Jerry Jones called a disciplinary issue

Tony Pollard, not Ezekiel Elliott, got the start for the Cowboys on Sunday night, and afterward the team owner explained...

Sports3 hours ago

Eagles overreactions: Learning important lesson even in huge win vs. Titans

The Eagles flexed their muscles at home on Sunday on both sides of the ball, dropping bombs from the sky...

Sports4 hours ago

Graham Mertz announces he plans to transfer. Here is what we know about UW’s quarterback situation.

UW quarterback Graham Mertz announced Sunday he plans to transfer after four seasons with the program. He has two seasons...

Technology Hot News

Is Elon Musk Really Going to Buy Twitter? Is Elon Musk Really Going to Buy Twitter?
Technology1 month ago

Is Elon Musk Really Going to Buy Twitter?

Elon Musk, the owner of the electric car company Tesla, CEO of SpaceX, and the richest man in the world,...

WhatsApp services were affected across Pakistan, restored after 2 hours WhatsApp services were affected across Pakistan, restored after 2 hours
Technology1 month ago

WhatsApp services were affected across Pakistan, restored after 2 hours

WhatsApp services were affected in various countries of the world, including Pakistan, and India due to this users were facing...

Bitcoin vs Litecoin: A guide to understanding cryptocurrencies Bitcoin vs Litecoin: A guide to understanding cryptocurrencies
Technology2 months ago

Bitcoin vs Litecoin: A guide to understanding cryptocurrencies

Cryptocurrencies currently occupy an odd place in society. They are no longer the super niche bizarre currency beloved by tech...

Personal data of people is selling on Google Play and Google Ads Personal data of people is selling on Google Play and Google Ads
Editor Picks3 months ago

Personal data of people are sold on Google Play and Google Ads

It’s been two to three years since Google has been unknowingly hosting multiple apps from malicious actors who sell personal...

Protonmail is down a second time in the past 24 hours Protonmail is down a second time in the past 24 hours
Technology5 months ago

Protonmail is down a second time in the past 24 hours

An end-to-end encrypted email service Protonmail is down a second time in the past 24 hours, netizens reported on social...

What's better for the student: a tablet or a laptop What's better for the student: a tablet or a laptop
Technology7 months ago

What’s better for the student: a tablet or a laptop

Some analysts argue that computers have outlived their usefulness. There is some truth in this: PC and laptop sales are...

Tesla founder Elon Musk holds the Twitter deal temporary Tesla founder Elon Musk holds the Twitter deal temporary
Technology7 months ago

Tesla founder Elon Musk holds the Twitter deal temporary

USA: Elon Musk, the founder of companies like Tesla and SpaceX, can actually buy anything in the world. Last month,...

How Zafar Supari is utilizing his ability on Snapchat? How Zafar Supari is utilizing his ability on Snapchat?
Technology7 months ago

How Zafar Supari is utilizing his ability on Snapchat?

Pakistan: Zafar Supari a public figure, businessman, and social media sensation has crossed one hundred thirty-three thousand 133k subscribers on...