From NASDAQ.: 2024-11-13 06:00:00

Amazon (NASDAQ: AMZN) remains a monster stock with a 37% year-to-date gain, yet lacks the respect it deserves. With a $2.2 trillion market cap and $600 billion in annual revenue, Amazon’s business units like AWS and advertising generate massive revenue. Strong growth and profits indicate Amazon is a top stock to watch.

In its most recent quarterly earnings report, Amazon showed 11% total revenue growth, $17.4 billion in operating income, and $70.8 billion in free cash flow. CEO Andy Jassy’s vision is increasing efficiency and delivering higher profits. Amazon’s stock is up over 1,000% in the last decade, making it a strong investment option.

Despite not being in the top 10 stocks to buy now, Amazon’s potential for growth remains high. Stock Advisor’s proven success in delivering strong returns compared to the S&P 500 since 2002 makes it a reliable source for investment guidance. Consider the long-term potential and track record of Amazon’s stock for future growth.



Read more at NASDAQ.: Meet the Monster Stock that Continues to Crush the Market