Reported 9 days ago
In the article, Keith Speights discusses the factors he considers crucial when selecting a stock to buy and hold, ultimately concluding that Amazon (NASDAQ: AMZN) stands out due to its strong competitive advantages ('moats') and multiple growth avenues. He highlights the company's cost advantages and network effects that enhance its value and user base while acknowledging its ongoing innovations, especially with Amazon Web Services (AWS). Despite concerns about Amazon's high valuation, he believes that the company's solid long-term growth prospects justify holding the stock over the next decade.
Source: YAHOO