FOUR - Forget Amazon These 2 Growth Stocks Will Deliver Superior Returns
2023-11-28 10:07:00 ET
There's no debating that Amazon is one of the greatest investments of all time. Growing out of Jeff Bezos' garage into the trillion-dollar empire it is today is nothing short of impressive. And it will most likely be relevant and growing for many years to come. However, with its $550 billion in trailing-12-month revenue and a market capitalization of $1.5 trillion, I think it's fair to expect some moderation in the long-term potential of Amazon stock.
And for this reason, I'd like to highlight two companies that could deliver superior returns from here: Pinterest (NYSE: PINS) and Shift4 Payments (NYSE: FOUR) . In fact, both have important integrations with Amazon that could help fuel long-term returns, as I'll explain.
Over the last four quarters, Amazon has generated nearly $44 billion in advertising services, meaning this is quickly becoming the company's next great business. And revenue for this segment was up a strong 26% year over year in the most recent quarter.
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Forget Amazon, These 2 Growth Stocks Will Deliver Superior Returns