Forget Amazon. Here's 1 Stock to Hold for the Next Decade
One of the best-performing technology companies over the last decade is Amazon (NASDAQ: AMZN). Over the past 10 years, Amazon's share price went up more than 20-fold to reach a market capitalization of $1.6 trillion, thanks to the growth of its e-commerce and cloud computing businesses.
In the coming decade, it's not hard to imagine that Amazon would solidify its leadership in e-commerce and cloud computing segments, and also expand its newer businesses such as advertising and groceries. Yet, given its already huge market capitalization, it's unrealistic to expect Amazon's stock price to sustain the past decade's price trajectory for the next 10 years as well.
If you are looking for comparable stock performance, there are younger companies that have the potential to deliver better stock returns than Amazon by 2030. One of them is Sea Limited (NYSE: SE).
Source Fool.com
