Amazon (NASDAQ: AMZN) is one of the most powerful tech companies in the world. It didn’t just reach this position overnight  it took years of strong and consistent growth. From 2014 to 2024, Amazon’s revenue grew at a 22% compound annual rate, which is a big reason why it’s now among the most valuable businesses globally.

But the big question is, can Amazon keep growing like this in the future? Many believe the answer is yes, and here’s why some investors think Amazon is the smartest place to invest $2,000 in April.

Huge Opportunities in Massive Markets

Most companies feel lucky if they get to ride just one big trend. Amazon is different; it’s riding multiple growth waves at the same time. Let’s start with e-commerce. In the U.S., almost 40% of all online spending happens on amazon.com. According to Grand View Research, the global retail e-commerce market is already worth $6 trillion, and it’s growing at a nearly 12% annual rate. That means Amazon is set to grab an even bigger piece of this expanding pie.

Now let’s talk about cloud computing. Amazon Web Services (AWS) is a major player here. It grew its sales by 19% in Q4 and has an amazing 37% operating margin. It holds the top market share in the industry. This market is worth about $800 billion today and is only going to get bigger.

Then there’s digital advertising. In 2024, Amazon earned more than $17.3 billion in ad revenue, up 18% from the previous year. That’s a strong high-margin business, and only Alphabet and Meta Platforms are ahead of Amazon in digital ads. All of these markets e-commerce, cloud, and advertising are worth trillions together. That’s a lot of room for Amazon to keep growing.

What About Artificial Intelligence?

One of the most exciting trends in recent years is artificial intelligence (AI) and Amazon is already deep into it. Amazon uses AI to recommend products to shoppers, suggest shows on Prime Video, and power Alexa’s voice responses. But it’s AWS that’s leading the charge. It offers tools like Bedrock (for generative AI apps), Translate (for language translation), and Kendra (for advanced search functions).

Looking ahead, Amazon is planning to spend $100 billion in 2025 and most of that will go toward AI in AWS. CEO Andy Jassy even called AI “one of these once-in-a-lifetime type of business opportunities” in the company’s Q4 2024 earnings call.

Built for Long-Term Growth

Some investors love fast-growing companies. But what’s even better is a company that delivers steady and reliable growth over the long term. That’s where Amazon shines. Instead of growing quickly for a short time and fading away, Amazon has evolved into a business that grows consistently and durably, year after year.

It helps that Amazon is backed by strong advantages like a powerful brand, loyal customer base, network effects, and cost efficiencies. These give it a wide economic moat making it very hard for any competitor to knock it down. And right now, Amazon’s price-to-sales ratio is 2.9, a fair valuation for such a dominant and diversified company.

But Wait,  What Does Motley Fool Say?

Even though Amazon looks like a smart buy, the Motley Fool Stock Advisor team has just picked 10 other stocks they believe have even higher potential right now. Their past picks? Let’s just say they’ve been on point. When they recommended Netflix on December 17, 2004, a $1,000 investment would now be worth $561,046. Or when they picked Nvidia on April 15, 2005, that same $1,000 would have turned into $606,106.

Their average return is 811%, compared to the S&P 500’s 153%. That’s why their top 10 list is worth checking out too.

Final Thoughts

Amazon is involved in some of the most promising industries today, from e-commerce and cloud to AI and advertising. It’s got scale, strength, and a clear path to keep growing. Amazon might be the smartest growth stock out there for investors looking to put $2,000 to work in April.