From NASDAQ: 2024-05-31 17:15:00

In 2016, I invested in Amazon (NASDAQ: AMZN), seeing a 500% gain in eight years. Amazon now makes up 6.5% of my portfolio, with no plans to sell due to strong growth, stabilizing rates, expanding margins, and long-term potential. Analysts expect continued growth and improving margins, making Amazon a great long-term investment.

Amazon’s flywheel effect drove revenue and EPS growth from 2016-2023. Despite slower growth in 2022, Amazon’s revenue rebounded by 12% in 2023, driven by stabilization in core businesses. Margins are expanding, with operating margin growth to 9.7% by 2024. Amazon’s leadership position ensures sustained long-term growth in e-commerce and cloud markets.

With Amazon’s forward earnings at 40 times, it remains well-positioned for growth. Expectations for global e-commerce and cloud infrastructure markets bode well for Amazon’s continued double-digit growth. Despite challenges, Amazon’s track record suggests it can overcome hurdles and soar higher in the coming years.



Read more at NASDAQ: Why I’m Not Selling My Amazon Stock, Even After a 500% Gain