Motley Fool
Amazon Is Proving Why It’s a Buffett Stock
Amazon’s (NASDAQ: AMZN) third-quarter report sent its stock tumbling on Thursday, October 27, after the company posted weak fourth-quarter guidance. Amazon Web Services’ (AWS) growth began to decelerate after many quarters of steady growth, which is a natural outgrowth of clients decreasing spending. It has many plans in place to drive sales this season, and it’s focused on the customer experience.