5 Best Stocks to Buy for an 18 Year Old

4. Amazon.com, Inc. (NASDAQ:AMZN)

Market Capitalization as of 2/15: $1.04 trillion

Amazon.com, Inc. (NASDAQ:AMZN) is a trillion dollar company with a leading e-commerce and cloud business. In the fourth quarter of 2022, Amazon.com, Inc. (NASDAQ:AMZN)’s net sales rose 9% year over year to $149.2 billion with AWS segment sales rising 20% year over year to $21.4 billion. For full year 2022, the company’s net sales rose 9% year over year to $514 billion with AWS segment sales increasing 29% year over year to $80.1 billion.

Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy said, “Our relentless focus on providing the broadest selection, exceptional value, and fast delivery drove customer demand in our Stores business during the fourth quarter that exceeded our expectations—and we’re appreciative of all our customers who turned to Amazon this past holiday season. We’re also encouraged by the continued progress we’re making in reducing our cost to serve in the operations part of our Stores business. In the short term, we face an uncertain economy, but we remain quite optimistic about the long-term opportunities for Amazon.”