From Nasdaq: 2024-07-26 05:50:00

Amazon is on the path to join the $3 trillion club with a current valuation of $2 trillion. The company controls over 40% of the U.S. online retail market, delivering 4 billion packages in 2023. Amazon Web Services (AWS) and streaming/advertising segments are showing significant growth, although antitrust issues could pose a threat.

Amidst regulatory challenges, Amazon’s potential growth opportunities lie in AWS and advertising segments. With a projected 2025 revenue of $710 billion, growing profit margins could allow the company to reach a $3 trillion valuation in as little as a year-and-a-half. The company’s AI-fueled businesses are key drivers for future growth.

Investors looking to buy $1,000 in Amazon should consider other high-growth stocks identified by The Motley Fool Stock Advisor. Stocks like Nvidia have produced significant returns in the past. By following their recommendations, investors can experience substantial growth in their portfolios. Remember, investing in individual stocks comes with inherent risk, so it’s important to do thorough research before making any decisions.



Read more at Nasdaq: Can This Unstoppable AI Stock Join Nvidia, Apple, and Microsoft in the $3 Trillion Club?