Amazon Stock Looks Like a Buy With E-Commerce Set to Rebound

Back in July, I wrote a Barron’s cover story that made a bullish case for

Amazon.com


tied to the enormous long-term value of the company’s cloud-computing arm,

Amazon


Web Services. Mea culpa.

Amazon


shares have since fallen 25%, amid concerns about the near-term growth prospects for both the company’s core e-commerce business and for AWS.

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While those worries are valid, I’m more convinced than ever that it makes sense to buy

Amazon


com (ticker: AMZN) shares for the long haul. So, while shopping for Squishmallows and Barbie Dreamtopia Mermaid dolls over the holiday season, you might want to commit a few bucks to

Amazon


shares, as well.

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