Christopher Miller
by CHRISTOPHER MILLER

Top Pick for Decade-Long Growth

01/10/2025 107 4
AMZN
FACT: Amazon’s Strong Q3 2023 Growth​

Amazon is a top pick for a decade-long hold: its unmatched dominance in cloud (AWS), logistics (same-day delivery in 100+ cities), and retail, coupled with aggressive expansion in high-growth markets like India (25% YoY growth), ensures sustained revenue increases. With $50 billion in annual free cash flow and a forward P/E of 40x, Amazon’s economies of scale, which improved operating margins to 7.8% in Q3, make it a resilient growth stock, projecting 10-12% annual revenue growth through 2028.


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