Investors weren't expecting much from tech giant Amazon's (AMZN) second-quarter earnings. AMZN stock had shed more than 20% of its value coming into its quarterly update. However, it proved the naysayers wrong with its recent second-quarter earnings report, which showed why the e-commerce specialist is one of the biggest winners in the market. Hence, we are bullish on AMZN stock at this time. Also, on TipRanks, AMZN has a 'Perfect 10' Smart Score rating. This indicates a high chance for the stock to outperform the broader market. Despite a challenging environment, Amazon was able to weather the storm and speed past analyst expectations and its own guidance.
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Amazon com (NASDAQ:AMZN)
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Amazon com (NASDAQ:AMZN)
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From Dec 2021 to Dec 2022 Click Here for more Amazon com Charts.