Perhaps the stock closest to my heart is tech giant Amazon.com (AMZN). AMZN is a stock I have owned multiple times through the year, and my current position has a cost basis of $135.50 purchased way back in 2009, and with the stock now trading at $1,569, the position is up a hefty 1,058% at this point. I have sold some shares along the way up, but have enough remaining to really love what this stock (and company) have accomplished through the years. We all know Amazon is the leader in e-commerce, but the company has built impressive hardware, video, and cloud computing sectors providing another crucial revenue stream for the company. Looking ahead, analysts expect to see the company grow earnings by 27.2% per annum over the next five years, providing plenty of growth to push shares higher. AMZN trades at $1,569 with an average price target of $1,793.25.
Disclaimer: As of the time of writing, the author holds a long position in this stock.
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