26.12.2024 11:20:00

The Bull Market Keeps Growing: 4 Reasons to Buy Amazon Like There's No Tomorrow

This has been another strong year for the stock market, and once again Amazon (NASDAQ: AMZN) has been a market leader. The stock is up roughly 48% year to date as of this writing -- and more than 150% over the past five years. Despite its strong recent performance, it still seems like a sound choice in this current bull market.Let's look at four reasons investors should be buying Amazon stock like there is no tomorrow.Amazon is best known as being an online retailer, but the company's best segment for profitability is actually Amazon Web Services (AWS), its cloud computing unit. Over the past 12 months, AWS generated operating income of $36.4 billion, while North American operations have produced operating income of $22.2 billion and its international segment $2.1 billion. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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