NFLX - 2 Top Stocks with More Growth Potential Than You Might Think
2023-10-27 06:08:00 ET
Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX) dominate their respective markets of online retail and video streaming. But their dominance and size also mean revenue growth is slowing, which has pressured their stock prices over the last year.
Still, these companies have plenty of options to deliver profitable growth that will eventually benefit investors over the long term. Let's look at key growth opportunities that could drive new highs for these two top stocks.
Amazon is more than a place to buy books and electronics. Revenue from Amazon's retail business, including online and physical stores, made up 47% of its total revenue in 2022, but investors should pay attention to the huge opportunity in the company's other businesses, such as advertising services.
For further details see:
2 Top Stocks with More Growth Potential Than You Might Think