It has been a good start to the year for Amazon (AMZN +0.55%), with the stock up 19.7% year to date through market close on May 7. Except for Alphabet, Amazon has been the best-performing “Magnificent Seven” stock this year.
Given Amazon’s recent run-up — up nearly 27% between April 7 and May 7 — it’s natural to wonder whether it’s a good time to buy the stock or hold off in case of a pullback. If you’re a long-term investor, it’s definitely a good time to buy the stock. It’s a blue chip stock you can comfortably hold for the long haul.
Image source: The Motley Fool.
Despite its dominance and size, Amazon is still well positioned to keep growing impressively over the foreseeable future. Its e-commerce business is becoming more efficient and profitable, which is a turnaround from the historical “just bring in the revenue and AWS will bring in the profit” model.
AWS — Amazon Web Services — remains dominant in the cloud industry, and growth is accelerating again as AI demand…
https://www.fool.com/investing/2026/05/09/is-now-a-good-time-to-buy-amazon-stock/
