From Nasdaq:

In today’s market, CNBC’s Jim Cramer highlights the “Magnificent Seven” stocks, including Microsoft, Apple, Nvidia, Amazon, Alphabet, Tesla, and Meta Platforms. Amazon stands out as a top buy, with a 16% stock increase since 2024 and a business transformation towards services. Revenue growth is led by third-party seller, advertising, subscription, and AWS services.

Amazon’s shift towards service-based revenue has significantly improved its gross profit margins, surpassing traditional commerce margins. Despite stock price increases in 2023-2024, Amazon’s profitability continues to grow, with CEO Andy Jassy aiming to exceed 2018 operational levels by 2025. The stock is now fairly valued, showing potential for further growth.

Efficiency improvements and rising profitability make Amazon the top buy among the “Magnificent Seven” stocks. While not included in the Motley Fool’s 10 best stocks list, Amazon’s path to success is evident from its strategic shifts and revenue diversification. With steady growth potential and a fairly valued stock, Amazon remains a strong investment choice.



Read more at Nasdaq: Here’s My Top “Magnificent Seven” Stock to Buy Right Now