After its shares tanked in 2022, Amazon (NASDAQ: AMZN), like many of its big tech peers, had a remarkable bounce-back year in 2023. And as we enter 2024, investors will find it very easy to be optimistic.

The possibility of a stronger economic backdrop this year can drive better business results. And with the Federal Reserve expected to cut interest rates, investor enthusiasm could rise even more.

Besides these points, here are three compelling reasons to buy Amazon stock like there's no tomorrow.

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Source Fool.com