From Nasdaq: 2024-04-16 06:15:00

Investors seek high returns in tech and internet stocks. Amazon’s (NASDAQ: AMZN) incredible 190,000% return since IPO in 1997 showcases its dominance. Revenue of $575 billion and a $1.9 trillion market cap in 2023 highlight its success. Amazon’s growth through diverse product categories and logistics investments solidify its position in e-commerce.

Despite Amazon’s size, its P/S ratio of 3.4 may still offer value. As a leader in multiple industries and AI with AWS, Amazon remains a solid investment. The Motley Fool’s Stock Advisor team sees potential in other stocks beyond Amazon. Stock Advisor’s success record makes it worth considering for investment guidance.

Board members of major tech companies advise caution on Amazon investment. The author and clients have no Amazon stock positions. Alphabet, Amazon, and Meta Platforms positions recommended by The Motley Fool. Stocks under Stock Advisor have outperformed S&P 500 since 2002. The author’s opinions do not represent Nasdaq, Inc.



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