Amazon Stock a 'Compelling Long-Term Opportunity' Despite Recent Rally, Poised to Surge in New Bull Market
• Amazon stock is a compelling long-term opportunity given its dominance in e-commerce, cloud computing, and growing digital advertising business.
• The stock remains attractively valued despite its recent rally, trading at just 2 times forward sales compared to 3.5 times historically.
• Several secular growth trends like increasing e-commerce, cloud computing, AI adoption, and digital advertising provide tailwinds.
• A new bull market is expected to begin soon, likely lifting Amazon stock to new heights over the next 5 years based on historical bull market performance.
• At under $175 per share, the stock price is affordable for most investors to buy and hold forever.