Report post
Should you buy Amazon stock in 2023?
And Amazon is already profiting from the industry's growth, with AWS revenue rising 27% year over year to $20.5 billion in Q3 2022 and bringing in 100% of the company's operating income. Despite a promising long-term outlook, Amazon stock is tricky to recommend in 2023.What to expect from Amazon in 2023?
Here are three predictions about what to expect from Amazon in 2023. Image source: Getty Images. 1. Amazon's e-commerce growth bounces back Like many companies in the digital retail business, Amazon spent 2022 suffering from a pandemic-related hangover.Will Amazon stock recover in 2023?
The company forecast top-line growth of just 2%-8% in the fourth quarter, and Amazon has reported massive losses in its e-commerce division of more than $8 billion through the first three quarters of the year. In order for the stock to recover in 2023, Amazon will have to do one of two things.