Determining what your top stock would be if you could only have one is a useful exercise for investors. It identifies your risk tolerance, what ideas you hold to be true, and other biases. For me, other stocks may have a higher upside in 2024, but in my mind, they aren't as much of a lock as Amazon (NASDAQ: AMZN).

Amazon has rapidly become an incredibly profitable business, reaching levels no one has ever seen. I'm excited to see what 2024 has in store for Amazon, and it's one of my top stock picks for 2024.

It's hard to determine what the most exciting part of Amazon's business is heading into 2024.

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Source Fool.com