Amazon Stock Unfazed by AWS Meltdown – Why Experts Still Call AMZN a Strong Buy
Stock Steadies After a Bumpy Ride Amazon’s stock has shown notable resilience in recent days. Despite turbulence in the broader tech sector, AMZN shares are trading around $216 as of Oct. 21. That price is only a few dollars off this week’s highs and about 10% below Amazon’s 2025 peak near $242 (reached in February). Year-to-date the stock is essentially flat, a stark contrast to the Nasdaq’s ~20% gain over the same period ig.com. This comes after Amazon’s 44% surge last year. In recent weeks the stock found support around the $210–$214 level – roughly its 200-day moving average –