Forget Amazon Prime Days: Here's the Real Reason to Buy the Stock
Amazon's stock is a Prime Day deal itself.
Forget Amazon Prime Days: Here's the Real Reason to Buy the Stock
Overview
Amazon (NASDAQ: AMZN) Prime Days is happening, and the results of the big sales event could drive more attention to the stock. While Amazon's commerce business is the most consumer-facing, I don't think it's the best reason to buy the stock. Instead, I think Amazon Web Services (AWS) is a better reason.
AWS is the real reason Amazon is now highly profitable, and with its superior growth rate, I think it's by far the top reason to buy the stock right now.
Image source: The Motley Fool.
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Originally published at www.fool.com.