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

Amazon (NASDAQ: AMZN) stock is up about 38% over the past year, and even though it's already the second-largest company in the U.S. by sales, it's in an excellent position to keep growing and rewarding shareholders. Here are three reasons why investors can feel confident about Amazon's future and why you might want to add it to your portfolio today.Amazon has incredible opportunities in artificial intelligence (AI). It's used AI throughout its business for decades, but it has released a slate of generative AI tools over the past two years that's changing its business and already generating billions of dollars for the company.Most of the program is aimed at its Amazon Web Services (AWS) cloud computing customers. They have a variety of options depending on their size and needs, with services for developers to create their own large-language models built on their own data for a completely customized product, services for clients to build generative AI applications using Amazon's LLMs through its Bedrock program, and plug-in tools for small businesses that don't need or can't afford a custom application.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool