Reported 4 months ago
Although Amazon's stock has only shown a 10% increase in the past three years, the company's dominance in e-commerce and cloud computing remains strong. With Amazon holding a significant share of online spending in the U.S., its future growth drivers like Amazon Web Services and digital advertising are expected to contribute to its expansion. Investors are advised to consider Amazon's valuation, which has increased but is still in line with historical averages, making it a potentially rewarding addition to investment portfolios.
Source: YAHOO