Amazon's Stock Just Soared 15%. Here's Why Now Is Just the Beginning.
Amazon crushed second-quarter earnings, but its rally will extend for a long time.
Overview
Amazon (NASDAQ: AMZN) stock soared 15% after it reported second quarter earnings. That's an impressive gain in one day, but I think that was just the beginning. The reality is that Amazon is a fantastic investment, and the news that it provided during its Q2 earnings shows that its plan is working.
As the infrastructure it's spending hundreds of billions of dollars on comes online, its revenue and profit will continue to accelerate, potentially transforming Amazon into one of the most dominant businesses in the artificial intelligence (AI) sector. This all adds up to a stock that could be one of the best investments to make right now, and I think investors should load up on more shares before it's too late.
Image source: The Motley Fool.
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Originally published at www.fool.com.