The stock market has, overall, been on a tear this year. Despite a recession, a pandemic, and a contentious presidential election, investors have been very optimistic, pushing the S&P 500 up 8.7% so far in 2020.
But many stocks have far outpaced the gains of the broader market, including Amazon.com (NASDAQ: AMZN). The e-commerce and cloud computing behemoth's shares have surged 86% year to date and the company has proved that, even in an unpredictable year, its services are more relevant than ever.
For investors looking for a stock that can continue growing while offering more stability than much smaller companies, Amazon is a fantastic choice. Here are just a few reasons why.
Source Fool.com