AMZN - Buying This Magnificent Stock at $35 Could be Like Buying Amazon in 2013
2023-12-20 06:07:00 ET
Amazon (NASDAQ: AMZN) is one of the most diverse technology organizations in the world. It started out as an e-commerce company in 1994, and it dominates that industry today. But it has since expanded into other businesses like cloud computing, streaming, and digital advertising.
E-commerce remains Amazon's largest source of revenue, but the company's diverse exposure to so many different industries has driven remarkable gains for investors. In fact, Amazon stock has soared tenfold since 2013 alone.
But there's another technology stock with the potential for tenfold gains in the future. Like Amazon, Sea Limited 's (NYSE: SE) core business is e-commerce, but it also has a large digital entertainment (gaming) segment, and a growing digital financial services platform.
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Buying This Magnificent Stock at $35 Could be Like Buying Amazon in 2013