24.11.2024 11:35:00
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The Bull Market Keeps Growing: 3 Reasons to Buy Amazon Stock Like There's No Tomorrow
Investors may wonder whether the time to buy Amazon (NASDAQ: AMZN) has come and gone. While the company played key roles in pioneering the e-commerce and cloud computing industries, its market cap is now around $2.1 trillion. Given its massive size, investors could reasonably wonder whether relatively smaller growth stocks would make better investments now.Yet further research shows why investors should not write Amazon off as a mature, slow-growth stock just yet. Three factors indicate that it can still deliver market-beating returns despite its size.First, investors should understand that they should not look to Amazon's online sales business for rapid expansion. With that part of the business logging single-digit percentage revenue growth for the past several quarters, it is likely not driving increases in Amazon stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
Amazon | 218,60 | 0,32% |
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