Amazon's diverse offerings, including e-commerce dominance and strong cloud services, position it well for growth.
From Nasdaq: 2025-06-23 20:05:00
Investors are flocking to companies like Nvidia and Palantir Technologies for their impressive gains of 816% and 1,600% over the past three years. Amazon, while not as outstanding, has still doubled in value. With its diverse offerings beyond AI, Amazon remains a strong investment choice for the long term.
E-commerce is on the rise, with U.S. e-commerce sales growing at a faster rate than overall retail sales. Amazon’s dominance in e-commerce, accounting for around 40% of all U.S. e-commerce, positions it well for continued success and growth in the market.
In addition to e-commerce, Amazon’s cloud services through Amazon Web Services (AWS) are seeing significant growth. With a 30% market share in the global cloud industry, AWS is a major revenue driver for Amazon and is expected to continue growing at a compound annual growth rate of 20.4% through 2030.
Streaming has surpassed cable and broadcast TV in viewing hours, with Amazon’s Prime Video platform playing a significant role in the streaming market. The strong advertising business within the streaming platform contributes to Amazon’s overall profitability and growth potential in the streaming industry.
Amazon’s foray into healthcare, AI, and other new businesses showcase the company’s commitment to innovation and expansion. With a focus on profitability and high-margin services like AWS and advertising, Amazon remains a lucrative investment opportunity with potential for long-term growth.
Read more at Nasdaq: 10 Reasons to Buy and Hold This Artificial Intelligence (AI) Stock Forever
