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Think It’s Too Late to Buy This Leading Tech Stock? Here’s 1 Reason Why There’s Still Time.

Amazon (NASDAQ: AMZN) has delivered life-changing returns over the past 25 years. The company now stands as one of the largest corporations in the world with a market cap of $2.3 trillion. That might lead some people to think there is little upside left for the stock. But that’s not the case. Here’s one reason why.

Image source: Getty Images.

Amazon is the leader in several industries. It boasts a dominant share of the U.S. e-commerce and the global cloud computing markets. And the best part is, both of these spaces are still underpenetrated. Consider e-commerce. As of the second quarter, online sales made up just 16.3% of total retail sales in the U.S.

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Source Fool.com

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