Amazon.com Inc. (NASDAQ: AMZN) is the everything e-commerce behemoth and one of the world’s largest companies by market capitalisation. It generates sales from its namesake e-commerce platform, its AWS web server business and countless other complementary services, such as Amazon Prime. The company started from humble beginnings in the late ’90s by Founder Jeff Bezos selling books online. In 1997, Amazon served 1.5 million customers. Today, Amazon serves hundreds of millions of customers through its global e-commerce stores, millions via its AWS cloud server business and touches many more with its technology (e.g. Prime Video, Echo, Kindle).
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Brickworks (ASX:BKW) and Goodman (ASX:GMG) have just announced that Amazon has signed on to be another major tenant.
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Has the sun set on ‘FAANG’ stocks Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Google (NASDAQ:GOOGL)?
There are many reasons to consider buying Amazon.Com Inc (NASDAQ:AMZN) stock. Here are two reasons I would consider buying Amazon stock in 2019.
Apple Inc (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) and Amazon Inc (NASDAQ: AMZN) are three of the biggest and best companies in the world. Is it too late to buy?
Is it just me or do Australia’s best investors have something in common?
Here you go: A $50,000 per year passive income special report
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