Key Points
Amazon (NASDAQ: AMZN) has reported a 20% year-over-year sales growth in the last quarter and analysts expect its earnings to grow at an annual rate of about 20% in the coming years. The company’s current market cap is $2.8 trillion, with its cloud division, Amazon Web Services (AWS), generating $42 billion in revenue last quarter, a 37% increase year-over-year.
Visa (NYSE: V) has seen its shares climb 366% over the past decade and reported total payment volume of over $4 trillion in a single quarter for the first time. The company’s revenue grew 14% year-over-year to $11.6 billion, with its value-added services revenue increasing by 34%. Analysts predict Visa’s revenue will continue to grow at a double-digit rate.
5 Stocks Our Experts Predict Could Double In the Next Year
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