New to Growth Stocks? Here's 1 Every Investor Should Have on Their Radar.
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Amazon (AMZN) is highlighted as a standout growth stock for investors, particularly due to its significant involvement in artificial intelligence and disruptive technologies. The company has evolved beyond e-commerce, with its Amazon Web Services (AWS) leading in cloud computing and supporting AI initiatives. Amazon's investments in AI exceed $100 billion in Q2, a notable increase from the previous year. With a lower price-to-earnings (P/E) ratio, Amazon presents a compelling investment opportunity as it continues to innovate across various sectors, including healthcare and logistics.
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