Amazon.com, Inc. (AMZN)’s Under-the-Radar Advantage

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Google Compute Engine is also very new and Amazon.com, Inc. (NASDAQ:AMZN) has a major head start over Google right now. But that’s fine with Google. They are making major inroads with businesses by offering cheap enterprise solutions such as Google Apps and geolocation services. Google Inc (NASDAQ:GOOG)’s cloud business should do fine and makes the company a better investment overall.

This is what makes Amazon’s Web Services division the hidden, yet successful business in the shadows behind their well-known blockbuster retailing side. They are a company which is surprisingly well diversified, poised for growth in the retail space, and especially in the enterprise segment over the next few years.

Daniel Cawrey has no position in any stocks mentioned. The Motley Fool recommends Amazon.com and Google. The Motley Fool owns shares of Amazon.com and Google.

The article Amazon’s Hidden Growth Business in the Cloud originally appeared on Fool.com.

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