Two Surprising Statistics That Could Signal Explosive Growth Ahead for Amazon.
Amazon's annual revenue has reached beyond $700 billion.
Two Surprising Statistics That Could Signal Explosive Growth Ahead for Amazon.
Overview
Amazon (NASDAQ: AMZN) has built a long history of earnings growth over time thanks to its e-commerce business and its cloud computing unit. On top of that, the company has been one of the early winners of this artificial intelligence (AI) boom -- it's a user and developer of AI and also offers customers access to AI products and services.
All of this has made Amazon a compelling investment for a wide variety of investors -- from those seeking a certain level of stability to those seeking growth. Amazon stock has delivered, climbing nearly 100% over the past three years.
Details
The good news is these good times may be far from over. In fact, two statistics, one that applies to Amazon's e-commerce business and one that applies to the cloud business, could signal explosive growth ahead for the company. Let's zoom in for a close look.
Source
Originally published at www.fool.com.


