Bill Ackman Just Bought Amazon Stock. Should You?

Amazon (AMZN) has been a top performing growth stock that investors have loved holding for many years, with shares up nearly 900% in the past decade. That dynamic is unlikely to change, given the company’s status as a leading cloud provider via its AWS division and the incredible earnings growth Amazon has generated in the past. 

For retail investors, that’s a story worth buying. But the so-called “smart money” also continue to pile into this Magnificent 7 stock.