‘We still like the stock,’ analyst says following layoffs

‘We still like the stock,’ analyst says following layoffs

There’s still a lot to like about Amazon (AMZN) stock, even though the company’s coming off a hard year, JMP Securities Equity Research Analyst Nick Jones recently told Yahoo Finance Live (video above).

Amazon had a rough 2022, one in which the company’s stock tumbled more than 40% throughout the year. The company’s been battling high inflation, rising rates, and a slow advertising market, and recently announced it would up the number of layoffs it was doing in its corporate workforce from


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