A Bull Market Could Be Here: 2 Reasons to Buy Amazon Stock

As of this writing, the Nasdaq Composite index is up an impressive 36% in 2023 (as of Nov. 20). By many definitions, this means that we are in bull-market territory. And for investors, it's a good time to find stocks that can produce strong returns.

A company to keep an eye on, one that's likely on everyone's radar, is none other than Amazon (NASDAQ: AMZN). The tech juggernaut makes for a compelling investment, even though its shares have soared 74% this year.

Here are two reasons to buy this FAANG stock.

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Source Fool.com