3 Reasons I Just Bought Amazon Stock

Sometimes investing in stocks is simple. Find the best companies and buy shares whenever Wall Street turns negative on them. It can seem counterintuitive. How can the stocks with the best historical performance still produce great future returns? But winners keep winning.

Take Amazon.com (NASDAQ: AMZN) as an example. The stock has returned 167,900% since its initial public offering and 1,530% just in the past decade -- after many thought its best days were behind it. Despite those gains in the rearview mirror, I just bought shares. New leadership, a transformational business unit, and a fair valuation all point to one of the easiest decisions I've made as an investor.

Image source: Getty Images.

Continue reading

Source Fool.com