Amazon: A $1.7 Trillion Company With Nothing But Blue Skies Above

Amazon: A $1.7 Trillion Company With Nothing But Blue Skies Above

With just a 2.5% gain year to date -- against a 29% gain for the S&P 500 -- Amazon (AMZN) stock hasn't been quite the outperformer this year that it was in 2020 (when Amazon stock racked up 74% gains). If you already own Amazon stock, that's probably been a bit of a disappointment to you.

But if you don't own Amazon stock, well, RBC Capital analyst Brad Erickson thinks it just might be an opportunity.