The 2 Best Stocks to Buy for 2020

Winners tend to keep winning.  This is one of the most important lessons I learned working beside Motley Fool co-founders and master investors Tom and David Gardner. While many people would have you believe otherwise, a business’s past performance is one of the best indicators of its future success. It certainly is not a guarantee, but winning is a habit — one that tends to perpetuate itself by helping a company build the confidence and momentum needed to constantly ascend to new heights.

Here are two businesses that have been winning for decades — and that are likely to continue to deliver…

market-beating returns to investors in the year and decade ahead.

1. Amazon: The e-commerce juggernaut

Few enterprises give investors as many ways to win as Amazon.com (NASDAQ:AMZN). The e-commerce giant dominates online retail in the U.S. and many other areas of the world. Global e-commerce sales will grow to more than $6.5 trillion by 2023, according to research company eMarketer, up from $3.5 trillion in 2019. Despite Amazon’s decades of torrid growth and gargantuan $940 billion market capitalization, this massive and rapidly expanding global market still represents a tremendous growth opportunity for the e-commerce leader.

Amazon has another incredible growth opportunity in cloud computing. Amazon Web Services (AWS) is the global leader in cloud infrastructure services. Like e-commerce, this is a large and fast-growing market — one that’s expected to surpass $166 billion by 2024, according to research firm MarketsandMarkets, up from $73 billion in 2019. AWS has become Amazon’s most powerful profit driver, and it’s likely to fuel its growth well into the future.

Amazon also has a booming digital advertising business. By allowing its massive army of third-party merchants to purchase highly relevant product listing ads on its search results pages, Amazon has become a powerful force in a digital ad industry that’s projected to generate more than $500 billion in annual sales by 2023, according to eMarketer. This high-margin revenue stream provides yet another way for Amazon’s — and its shareholders’ — profits to…

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