2 Reasons to Buy Amazon Stock Like There's No Tomorrow

Amazon (NASDAQ: AMZN) has generated billions of dollars in earnings over time thanks to its dominance in the high-growth areas of e-commerce and cloud computing. The e-commerce business sells everything from groceries and other essentials to mass merchandise, fulfilling just about every shopping need. And Amazon Web Services (AWS) has long been the world's biggest cloud services provider, offering businesses a wide range of services from analytics and data storage to artificial intelligence (AI).In the most recent quarter, these businesses helped Amazon generate more than $158 billion in sales and $15 billion in net income. On top of this, after declining a couple of years ago, free cash flow and return on invested capital (ROIC) are on the rise again. The increase in free cash flow shows Amazon has the resources to support future growth, and gains in ROIC signal the company has made wise investment decisions. The stock performance has reflected this momentum, with the shares heading for a 50% gain this year.All of this makes Amazon a great stock to own -- now let's check out two reasons why, right now, you should buy this market giant like there's no tomorrow. Both of these points, one related to e-commerce and the other offering a significant boost to AWS, make Amazon a winning choice because they should lead to a new wave of growth in coming quarters and over the long run.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool