Amazon A Stock To Buy

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Amazon A Stock To Buy

Amazon - A Stock To Buy For The Next 10 Years

Amazon (AMZN) is one of the few stocks that you can safely buy and forget for the next 10 years. When it comes to investing, there's nothing that beats patience and long-term holding.

Amazon is one of those stocks that don't need any introduction. They are a leader in the online marketplace and have also made a strong footprint in AI and cloud computing.

Amazon Gained 1200% Since 2013

If you had bought Amazon (AMZN) in 2013, the value of your money would have grown by almost 1200%! That's the type of return you can't get anywhere else at all.

Fast forward to today, Amazon has now more businesses that earn it money than ever before! Also, Amazon is in the AI game as well, which makes it an even greater prospect.

The sales of Amazon also continue to grow, which hints at increased revenue in the coming years. With all of this combined, there's no doubt that Amazon (AMZN) is heading towards new highs.

Amazon (AMZN) may not give another 1200% in the next 12 years, but even half of that could be a big number. So, if you are in search of a stock that you can buy and forget, look no further than Amazon.

As of now, the market cap of Amazon (AMZN) is near $2.23 trillion, which is already a big number. The P/E ratio is around 34, which also hints at potential upside for the stock.

With all things considered, there's no reason to ignore Amazon. Even if you don't want to go all in on Amazon, it's still worth it to include some portion of your money towards the stock.

The best part? Amazon's business may not be impacted by the AI, as people need to order stuff online. The AI may automate the ordering process but Amazon will remain a key player in this whole equation.

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