3 Facts About Amazon Stock That Make It a Screaming Buy
Amazon (NASDAQ: AMZN) has been a great performer this year, as it's up more than 20%. However, I believe this is just the start of a much larger move.
Amazon's business is starting to transform into something investors have never seen, and that's fantastic news. I've got three facts about Amazon that investors should know. While there are many more reasons to be interested in Amazon stock, I think these combine to make a compelling case to buy right now.
Amazon Web Services (AWS) is Amazon's cloud computing business. This product allows clients to rent computing space from Amazon and run workloads over the cloud. This has become a popular strategy, allowing customers to scale their computing power up or down as needed. It's in great demand right now because many companies are attempting to create AI models to help their business run more efficiently.
Source Fool.com
