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Amazon (NASDAQ: AMZN) continues to be a strong investment choice, with a remarkable growth trajectory and a current market value of $2 trillion. A $1,000 investment two decades ago would now be worth $112,000. Amazon's diverse revenue streams, including its booming cloud computing and AI services, contribute significantly to its profitability and growth potential, with analysts projecting annual earnings growth of 20%. Despite potential economic downturns, Amazon's solid foundation in multiple sectors makes it a desirable growth stock for investors today.
Source: YAHOO