From Nasdaq: 2024-05-25 03:50:00

Amazon (NASDAQ: AMZN) has soared 4,760% since May 2004, with a $1.9 trillion market cap and $575 billion in 2023 net sales. The company’s future growth potential remains strong.

Despite its massive scale, Amazon still has growth engines to leverage, including e-commerce and cloud computing through AWS. Revenue is expected to grow at a compound annual rate of 11.2% between 2023 and 2026.

With a price-to-sales ratio of 3.3, Amazon is not expensive and offers a wide economic moat due to its logistics infrastructure. Data-driven services like AWS make Amazon a valuable company for investors to consider.

Consider Amazon for investment, as the Stock Advisor team recommends 10 other stocks for potential monster returns. Stock Advisor has outperformed the S&P 500 since 2002 with guidance on portfolio building and stock picks.



Read more at Nasdaq: Is Amazon a Good Stock to Buy Right Now?