Here's Why Amazon Is a Brilliant Buy Now (Hint: It's Not E-Commerce)
Amazon (NASDAQ: AMZN) was one of the biggest winners of the e-commerce revolution, and its platform is by far the most used option in this realm. On the investment side, it's what most users might think about Amazon. However, there are far better reasons to own the stock than that, as there isn't much growth in its e-commerce business anymore.Furthermore, my primary reason to invest in Amazon isn't affected by tariffs, which just adds to an ever-growing list of reasons why Amazon should be viewed as a cloud computing company, not an e-commerce company. Amazon Web Services (AWS) is my primary reason for investing in Amazon. When you dig down a bit deeper, it's clear why this division is so exciting.Image source: Getty Images.Continue reading
Amazon (NASDAQ: AMZN) was one of the biggest winners of the e-commerce revolution, and its platform is by far the most used option in this realm. On the investment side, it's what most users might think about Amazon. However, there are far better reasons to own the stock than that, as there isn't much growth in its e-commerce business anymore.
Furthermore, my primary reason to invest in Amazon isn't affected by tariffs, which just adds to an ever-growing list of reasons why Amazon should be viewed as a cloud computing company, not an e-commerce company. Amazon Web Services (AWS) is my primary reason for investing in Amazon. When you dig down a bit deeper, it's clear why this division is so exciting.
Image source: Getty Images.
