I am bullish on Amazon (AMZN) due to the company’s overwhelming competitive advantages, solid growth outlook, reasonable valuation level, and unanimous Wall Street bullishness on the stock. Amazon is an American multinational technology company founded by Jeff Bezos. The company has four business divisions: Ecommerce, Digital Streaming, Cloud Computing, and AI, and is one of the Big Five companies in the American technology industry. (See Analysts’ Top Stocks on TipRanks) Strengths Amazon is the provider of the largest online marketplace in the world. The company is one of the most influential economic forces in the world, and is arguably the most valuable brand in the world, worth over $1 trillion.
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