Looking to Invest $1,000 This Month? 2 Stocks to Buy at Discounts
While Amazon's growth has slowed significantly over the last few years, the market's low expectations sets up a good entry point to buy the stock right now. The market is concerned about cloud growth, especially with Microsoft Azure expanding faster than Amazon Web Services (AWS). Azure posted a year-over-year increase of 27% in the recent quarter, which might suggest that Microsoft is taking market share from Amazon, with the latter reporting a year-over-year jump of just 16% in Q1.