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TIP524: Four Wide Moat Stocks for 2023
We Study Billionaires - The Investor’s Podcast Network
The Scaled Economy Share
Amazon's advertising business grew by 25% in the most recent quarter. In the trailing 12 months, their ad business generated over $35 billion in revenue. Their AWS business is not only a very large and very fast growing business, it's also very high margins. Recently Amazon's free cash flows have dipped into the negative territory but I personally believe that these headwinds from a free cash flow perspective are temporary.
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