Motley Fool Team Rejects Amazon as Top Pick
Amazon's recent revenue acceleration has left investors surprised and wondering if it's time to buy stock. The company's NASDAQ listing, AMZN, saw a significant increase in revenue, but according to the Motley Fool Stock Advisor analyst team, Amazon wasn't one of their top picks for investors to buy now.
The team identified 10 stocks that they believe have the potential for monster returns in the coming years. These stocks include Netflix and Nvidia, which were recommended by the team on December 17, 2004, and April 15, 2005, respectively.
Investing $1,000 at the time of these recommendations would have resulted in returns of $386,727 for Netflix and $1,232,139 for Nvidia. The Motley Fool Stock Advisor has a total average return of 906%, significantly outperforming the S&P 500's 208%.
Before buying stock in Amazon, investors should consider these alternative picks, which may offer greater potential for growth.