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The Ultimate Growth Stock to Buy With $1,000 Right Now
Amazon (NASDAQ: AMZN) shares have been a home run investment for long-term investors. A $1,000 investment in the stock 20 years ago would be worth $112,000 today. But even though Amazon has grown into a dominant tech giant with a $2 trillion market cap, it is still delivering the level of growth that can build wealth for investors, as noted by its 90% increase in earnings last year, and analysts project the company's earnings to continue growing at double-digit rates for the foreseeable future. Its long-term potential in cloud computing services, artificial intelligence (AI), and other services make it one of the best growth stocks you can buy with $1,000 right now.Continue reading
Amazon (NASDAQ: AMZN) shares have been a home run investment for long-term investors. A $1,000 investment in the stock 20 years ago would be worth $112,000 today.
But even though Amazon has grown into a dominant tech giant with a $2 trillion market cap, it is still delivering the level of growth that can build wealth for investors, as noted by its 90% increase in earnings last year, and analysts project the company's earnings to continue growing at double-digit rates for the foreseeable future.
Its long-term potential in cloud computing services, artificial intelligence (AI), and other services make it one of the best growth stocks you can buy with $1,000 right now.
