MSFT - Amazon: The Gift That Keeps On Giving

2024-07-08 06:50:46 ET

Summary

• Amazon continues to see strong growth and success, particularly in its cloud operation, AWS, which is a key driver of profits.
• Despite past challenges, the company's international business is showing signs of improvement, contributing to overall margin expansion.
• With promising growth potential in the e-commerce market and strong financial performance, Amazon remains a solid investment with further upside expected.

For better or worse, the history of capitalism will be defined, in part, by the success of e-commerce giant Amazon ( AMZN ). In addition to being one of the largest publicly traded companies on the planet, it is a business that continues to grow at a rapid pace. Over its lifetime, it has made many investors wealthy. And in the long run, it's likely this trend will continue. It has been this mindset, combined with how shares have been priced, that has led me to be generally bullish about the firm....

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