Amazon Stock Pops, Driven by AWS. Is It Too Late to Buy?

Amazon (NASDAQ: AMZN) shares popped following its third-quarter results, which were once again powered by its cloud computing segment AWS. The stock is now up more than 25% on the year.Showing the fickleness of the market, AWS' growth in Q3 was virtually the same as Q2, when the stock sold off on the news, but investors were much more upbeat after its Q3 report. Let's take a closer look at Amazon's most recent results to see whether it is too late to buy the stock.AWS was once again the big story at Amazon, as revenue soared 19% for its cloud computing segment to $27.5 billion. The segment's operating income, meanwhile, surged nearly 49% from $7 billion to $10.4 billion. This is a high fixed-cost business with a lot of operating leverage, and the increase in revenue helped push operating margins to an all-time high for the unit. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool