Buying Amazon Could Be the Smartest Thing You Ever Do
Amazon (NASDAQ: AMZN) continues to gain attention as it sets sales records and opens new lines of business. However, due to its large size, many investors might wonder whether they have missed the boat on this consumer discretionary stock. Fortunately, thanks to a competitive edge in retail and other businesses, Amazon could remain one of the smartest investments for the average stockholder.
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Amazon is a smart stock because it succeeds in so many areas. Most consumers know it best as the e-commerce stock that seems to sell "everything." That assertion appears to become less of an exaggeration as time goes by. The company's latest move will take Amazon into the pharmaceutical business.
Source Fool.com
