One idea is Amazon (NASDAQ: AMZN), which is growing rapidly and possesses an extremely resilient business model. One of the most attractive characteristics of Amazon stock is its diversified business. Of the company's $111 billion in third-quarter net sales, $50 billion came from online stores, $4.3 billion from physical stores, $24.2 billion from third-party seller services, $8.1 billion from subscription services, $16.1 billion from cloud computing, and $8.1 billion from "other" -- a segment that primarily consists of advertising revenue. Read More...
One idea is Amazon (NASDAQ: AMZN), which is growing rapidly and possesses an extremely resilient business model. One of the most attractive characteristics of Amazon stock is its diversified business. Of the company’s $111 billion in third-quarter net sales, $50 billion came from online stores, $4.3 billion from physical stores, $24.2 billion from third-party seller services, $8.1 billion from subscription services, $16.1 billion from cloud computing, and $8.1 billion from “other” — a segment that primarily consists of advertising revenue.
