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

Very few companies have come to dominate their respective industries with a massive user base and tremendous success quite like Amazon (NASDAQ: AMZN). And the business has won over investors. Its shares have catapulted 10,130% higher in the past couple of decades, although they've taken a breather, recently down 8% from their all-time peak (as of Nov. 22).Amazon has a gargantuan $2.1 trillion market cap, so you might be wondering if this "Magnificent Seven" stock is still a good opportunity. Here are three reasons to consider buying Amazon like there's no tomorrow.When a business has an economic moat, it's a sign of a high-quality enterprise that can defend itself from competition. Amazon has multiple competitive strengths that have supported its success.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool