3 Stocks That Could Create Lasting Generational Wealth
The Motley Fool • • general
Key Points:
- Amazon remains a top multigenerational stock pick due to its dominant 40% share of the U.S. e-commerce market and its highly profitable cloud computing division, AWS, which accounts for 29% of the global market and 60% of Amazon's operating income.
- Walmart's extensive physical presence, with 90% of the U.S. population living within 10 miles of one of its 4,606 stores, secures its position as the largest U.S. retailer, supported by steady growth and evolving services like subscription delivery and smart TV advertising via its recent acquisition of Vizio.
- Netflix aims to solidify its leadership in streaming by acquiring Warner Bros. Discovery's assets for $80 billion, which will
