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

Amazon (NASDAQ: AMZN) stock had a great run in 2024. The shares are up 48% year-to-date at the time of writing. Some might assume that Amazon's $2.37 trillion market cap will make it difficult for the company to deliver the wealth-building returns it delivered in the past. While that might be true, Amazon has an incredibly strong competitive advantage in e-commerce, and the stock appears undervalued on the basis of its growing cash flow.Here are three reasons the stock is a solid buy heading into 2025.Amazon has one of the widest competitive moats within the retail industry. Amazon has won over 200 million Prime members through a convenient shopping experience across a massive selection of inventory. It continues to invest in ways that further solidify its loyal customer base and establish a stickier platform for shopping, including its recent push into same-day delivery and upcoming rollout of its pharmacy delivery service.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool