3 Amazon-Heavy ETFs to Buy on the Dip

Shares of Amazon (NASDAQ: AMZN) are mired in a slump, which was exacerbated when the company told investors last week that it plans $200 billion in artificial intelligence (AI) investments this year.  That revelation stoked a significant intraday plunge in the stock on Feb. 6; and for the month ended Feb. 10, Amazon shares are off 16.5%. That's not far off the 20% decline that defines a bear market. Compounding those woes are concerns about how the company will pay for that AI spending, including talk that those expenditures could push it into cash-flow-negative territory. Making matters still worse is Amazon's longer-range performance. For the five years ended Feb. 10, the stock is up just 25.3%. That's not a loss, but it feels like one when measured against the much bigger returns of the Nasdaq-100 and the S&P 500.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool