Amazon.com Inc. (NASDAQ: AMZN) has once again shown why it remains one of the most reliable names in the market. The stock has held firm near $250, even as the broader indices retreated through the end of last week. That resilience stands out, notably because Amazon had just rallied to fresh all-time highs above $260 following its October earnings beat.
While the market began to wobble almost immediately afterward, Amazon’s strength has barely faded—a clear sign of investor conviction.
