Amazon (AMZN) stock analysis: Buy, Sell, or Hold in 2024?

Having faced a decline amid economic challenges in 2020, Amazon’s (NASDAQ: AMZN) stock has grown strongly. An improving economic environment and the ongoing recovery in the technology sector drive this revival. In 2023, shares of the online retail pioneer surged by over 70%.Nonetheless, the notable performance of the stock in the previous year raises a fundamental investing inquiry: Given the substantial gains, is it now too late to invest in Amazon stock, hold if you have it, or sell?On January 9, we explo ...