Amazon.com (ticker: AMZN)
Amazon stock remains a winner – and definitely one of the best tech stocks to buy for 2019. Having finally reached a stage in its corporate evolution where the company is consistently profitable, Amazon started off 2019 with its fourth straight quarter of record-setting profits on the back of AWS, its cloud computing business. Shares took a hit after Q2 earnings, however, when investing over $800 million in Prime same-day delivery boosted sales but hit profits. Believe it or not, foregoing short-term profit for long-term gains is wise, and AMZN remains a top-tier tech stock.
Year-to-date return (through Aug. 28): 17%
Year-to-date return (through Aug. 28): 17%
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