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3 Reasons to Buy Amazon Stock Like There's No Tomorrow
Amazon (NASDAQ: AMZN) is known for its online store, but its investments in cutting-edge technologies like cloud computing and artificial intelligence (AI) are future-proofing the business for tomorrow's economy.While tariffs, inflation, and soft consumer spending could weigh on Amazon stock in the near term, there are three reasons it's a no-brainer buy for a long-term investor right now.The global e-commerce market is massive, valued over $6 trillion and growing, according to eMarketer. This still gives Amazon a lot of opportunity for long-term growth, but investors should think of Amazon as more of a tech-driven, services business.Continue reading
Amazon (NASDAQ: AMZN) is known for its online store, but its investments in cutting-edge technologies like cloud computing and artificial intelligence (AI) are future-proofing the business for tomorrow's economy.
While tariffs, inflation, and soft consumer spending could weigh on Amazon stock in the near term, there are three reasons it's a no-brainer buy for a long-term investor right now.
The global e-commerce market is massive, valued over $6 trillion and growing, according to eMarketer. This still gives Amazon a lot of opportunity for long-term growth, but investors should think of Amazon as more of a tech-driven, services business.
