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

Amazon (NASDAQ: AMZN) has created a lot of wealth for investors since becoming a public company in 1997. The company sold shares in its initial public offering (IPO) at 7.5 cents a share after adjusting for stock splits, and closed the first day at $0.09. The stock ended above $220 on July 1.However, these outsize gains don't mean you should pass on the stock today. After all, Amazon has been highly successful. The key questions become the company's future prospects and whether it can continue growing profitability at a high rate.Fortunately, Amazon has evolved since its early days as an online bookseller. Presently, its business looks well positioned to take advantage of major trends. Here are three reasons why investors should purchase Amazon shares.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool