As far as mega-cap technology companies go, Amazon (AMZN) remains one of the steadiest long-term growth plays in the market today. Indeed, Amazon’s near-, medium- and long-term returns for investors are hard to beat, particularly given Amazon’s size. The fact that a company with a $1.6 trillion market cap is able to produce this kind of capital appreciation for investors consistently is hard to fathom. (See Amazon stock analysis on TipRanks) For companies like Amazon, maintaining the company’s rather high valuation multiple is key to long-term capital appreciation for investors. Growth remains robust for Amazon, though it has been slowing in recent years.
https://www.tipranks.com/news/article/is-amazon-stock-worthwhile-after-the-mgm-deal
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