The e-commerce giant has plenty of ways to continue growing and keep its stock price moving upward.
Amazon.com (NASDAQ:AMZN) stock has been a fantastic investment. Along with crushing the market over the long term, shares of the e-commerce titan have also outperformed in recent years. Over the three-year period through Sept. 3, this growth stock has gained 132% — more than three times the S&P 500’s 41.6% return.
Despite its mammoth size — its $890 billion market cap makes its stock the third largest on the S&P 500 index behind Microsoft and Apple — there are countless ways the company can continue to grow.
Here are 10 reasons to buy Amazon stock and consider holding on forever — or at least for a very long time.
Source: fool.com September 3, 2019