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

Amazon (NASDAQ: AMZN) stock is up 24% this year, just edging out the S&P 500. It may not provide the same earth-shattering gains it did for early investors, but it's likely to be a market-beating stock for the foreseeable future. At this later investment stage, that comes with added security. Here are three reasons to believe it's still a no-brainer buy.Most investors know Amazon as the largest e-commerce company in the world, and that's still its core business and a massive growth driver. Amazon accounts for more than one in three e-commerce sales dollars, a lead so vast that it would be impossible for any competitor to challenge it in the near future.It lost some ground during the pandemic's height, when there was an unexpected surge of new businesses going online. But it's expected to grab more market share going forward, racing past 40% of all e-commerce sales this year and increasing its share next year, according to eMarketer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool