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Want to Get Richer? 3 Best Stocks to Buy Now and Hold Forever [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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If you held any of these stocks, you'd probably be thrilled with your investment returns. While many of the Magnificent Seven stocks are now worth over a trillion dollars and likely won't repeat their same growth over the next 10 years, some can still make you richer over time. Here are my top three picks of this group to buy and hold indefinitely. 1. Amazon Most everyone knows about e-commerce giant Amazon (NASDAQ: AMZN), which dominates online shopping and accounts for 38% of the market in America. Many people may even know that Amazon operates the world's leading cloud platform, AWS, a virtual underpinning of the internet today. Fewer people probably realize that Amazon has become a tremendous advertising company. Its ad business grew 24% year over year in the first quarter and is on pace for $45 billion this year. No company in history might be as good as Amazon at finding ways to enter and dominate new markets. How does a company go from selling books online to selling
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NEWS
- Nvidia earnings are key to market zeitgeist [Yahoo! Finance][Yahoo! Finance]
- Walmart Delivers 20% of Same-Day Orders Within 3 Hours [Yahoo! Finance][Yahoo! Finance]
- Jeff Bezos Spent $237 Million On Florida Mansions — Billionaires Flock To 'Upside Down' Tax Haven Where Rich Pay Less Than Poor [Yahoo! Finance][Yahoo! Finance]
- European Consumer Org Accuses Temu of Violating EU's Digital Services Act [Yahoo! Finance][Yahoo! Finance]
- Walmart Is Firing On All Cylinders And That Includes Its Newer Businesses That Go Beyond Groceries [Yahoo! Finance][Yahoo! Finance]
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AMZN
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- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- AMZN's page on the SEC website
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