The S&P 500 is roughly 21% above (as of July 5) its recent low reached in October 2022. And consequently, many investors are excited and calling it a new bull market, particularly after a terrible year for stock market participants in 2022. 

Amid the renewed optimism, it might seem like numerous businesses stand out as solid long-term investments for your portfolio. But I believe that one rises above the rest as a clear-cut favorite. 

If I had to choose only one stock to buy, here's why it would likely be Amazon (NASDAQ: AMZN), without hesitation.

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Source Fool.com