Amazon Just Joined the $3 Trillion Club. Here’s Why It Could Reach $5 Trillion by 2029.

Amazon (NASDAQ: AMZN) recently joined the $3 trillion club, with its stock driven higher by better-than-expected earnings results. The company’s cloud computing platform, Amazon Web Services (AWS), was a standout in the results, and it could be the business that propels the company’s value even higher over the next few years. In fact, Amazon could become a $5 trillion company by 2029 simply by sticking with its current course.

Over time, Amazon should see continued acceleration in AWS, ultimately producing considerable earnings and free cash flow for the business. Meanwhile, its core retail operations are increasingly profitable, driven by its growing advertising business and unparalleled scale.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of…