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Amazon.com, Inc.'s (NASDAQ:AMZN) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

By Yahoo! Finance   |   Oct 27, 2024 at 09:23 AM EST
Amazon.com, Inc.'s (NASDAQ:AMZN) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Amazon's stock has risen by 2.5% in 3 months, prompting an analysis of its fundamentals, focusing on ROE (Return on Equity). Amazon's ROE is 19%, indicating it generates $0.19 profit for every $1 of shareholder investment.

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