From Nasdaq: 2024-06-12 05:02:00

Nvidia’s stock has skyrocketed over 200% in the past year, making it the third-largest market cap at nearly $3 trillion. However, some billionaire investors have been selling off shares, opting for Amazon instead. Amazon, a trillion-dollar market cap stock, is a leader in AI and cloud computing with high growth potential.

Amazon’s cloud computing business, AWS, is a profit machine with 31% market share. It offers innovative generative AI services appealing to various clients. E-commerce sales are on the rise, accounting for 38% of U.S. sales. Amazon is expanding into streaming, advertising, and delivery infrastructure, maintaining its competitive edge.

Despite Amazon’s success, some investors may want to consider other stocks for investment. The Motley Fool recommends 10 other stocks with potential for huge returns, similar to Nvidia’s success. It’s essential to research and analyze investment opportunities before making decisions to maximize returns.



Read more at Nasdaq: Billionaires Are Selling Nvidia and Buying This Stock Instead