Should You Forget Amazon? Why These Unstoppable Stocks Are Better Buys

Core Viewpoint - Amazon's peak growth days are behind it, prompting investors to seek alternative growth stocks [2] Group 1: Amazon and E-commerce - Amazon has seen a remarkable increase in stock value, over 250,000% since its IPO in 1997, despite recent pullbacks [1] - The e-commerce landscape is evolving, with brands and sellers exploring alternatives to Amazon [4] - Shopify enables companies to create their own online stores, facilitating direct sales to consumers [5] - Shopify's platform facilitated sales of $292.3 billion in 2024, generating nearly$8.9 billion in revenue and $1.1 billion in operating income, marking significant growth from the previous year [6] - A growing consumer preference for authenticity and responsible businesses is benefiting platforms like Shopify, with 76$90 per share, despite ongoing growth [15] - The rise of mobile internet has facilitated the growth of ride-hailing services like Uber, which has seen a 19% increase in total trips and revenue [17] - A trend is emerging where younger consumers are less interested in car ownership, with 44% of those under 35 willing to give up their vehicles for ride-hailing alternatives [17] - The number of 19-year-olds with a driver's license has decreased from over 87% in 1983 to less than 69% in 2022, indicating a shift in transportation preferences [18] - Uber's growth is expected to remain in the mid-teens as ride-hailing continues to replace traditional car ownership, with analysts generally viewing Uber stock as a strong buy [19]