3 Reasons to Buy Amazon Stock Like There's No Tomorrow

Amazon (NASDAQ: AMZN) is the world's fourth-largest company by market cap, but it's the classic case of winners keep on winning. Missed the chance to buy it before it minted millionaires? You can still benefit from owning Amazon stock. Here are three reasons to buy it today.Amazon's foray into generative AI has created the most hype for Amazon stock over the past two years. However, the reality is more than hype. Customers are using Amazon's AI tools and finding value in them. As Amazon invests in upgrades and new features, it should be able to keep its dominant position in cloud computing and capture greater market share.Amazon Web Services (AWS) sales growth accelerated to 18.8% year over year in the second quarter. CEO Andy Jassy attributed that to three factors: Clients have finished their cost-optimization efforts that began with high inflation, they're looking for ways to modernize their infrastructures, and they're excited about AI.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool