Amazon is a top stock pick for 2024, outperforming the market with a 47% increase.

From Nasdaq: 2024-12-22 06:07:00

In 2024, Amazon (NASDAQ: AMZN) was identified as a top stock pick and has seen a 47% increase in share price, outperforming the market. With a focus on profitability and strong growth prospects in e-commerce and cloud services, Amazon remains a solid investment for 2025. CEO Andy Jassy predicts further growth in AWS and AI.

The Motley Fool Stock Advisor team has identified 10 top stocks for investors to buy now, but Amazon isn’t on the list. While Amazon has performed well, other stocks may offer even greater returns. Consider investing in stocks like Nvidia, which saw massive returns for early investors. The Stock Advisor service provides guidance and stock picks to help investors succeed.



Read more at Nasdaq: My Highest-Conviction Stock for 2024 Is Trouncing the Market This Year. Should You Buy It for 2025?