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1 Growth Stock Down 20% to Buy Right Now

1 Growth Stock Down 20% to Buy Right Now

It hasn't been easy to be an Amazon (NASDAQ: AMZN) investor in recent years, with its stock soaring to record heights amid COVID-19 lockdowns in 2021 and then crashing back down as it faced macroeconomic headwinds the following year. The company has delivered an impressive comeback in 2023, with its shares up about 75% since Jan. 1 as its e-commerce business returned to profitability and it rallied Wall Street with a burgeoning artificial intelligence (AI) business. The company has introduced several cost-cutting measures over the last year that have strengthened its business.