If I Could Buy Only 1 “Magnificent Seven” Stock Over the Next 10 Years, This Would Be It
From NASDAQ.: 2024-11-07 09:07:00
FAANG stocks have been overshadowed by the “Magnificent Seven” in recent years, including Amazon, Microsoft, Alphabet, Apple, Nvidia, Meta Platforms, and Tesla. Amazon stands out as a top pick for the next decade due to its diversified businesses, including cloud computing, advertising, and more.
Amazon’s robust cash flow, with operating cash flow and free cash flow showing impressive growth, highlights its financial efficiency. The company’s focus on artificial intelligence (AI) is expected to drive further growth, making it a compelling long-term investment choice among its peers.
Trading at a historically cheap price-to-free-cash-flow multiple, Amazon appears undervalued compared to its competitors and its own historical valuations. With the potential for AI to accelerate its growth, Amazon presents an attractive opportunity for investors looking for a buy-and-hold stock with strong growth prospects.
Despite not being included in the recent list of the 10 best stocks by the Motley Fool Stock Advisor team, Amazon remains a promising investment option. The Stock Advisor service has a track record of outperforming the S&P 500, providing investors with valuable insights and stock picks for long-term success.
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