Amazon.com, Inc. (NASDAQ:AMZN) has one of the strangest moats in the stock market because it is not really one moat. Its retail business has scale, its logistics network enables fast delivery, Prime keeps customers coming back, advertising monetizes shopping activity, and AWS gives Amazon a huge technology business. The real advantage is how these businesses reinforce each other. Amazon ranks first in our list of 10 Best Growth Stocks to Buy Now According to Billionaires.Is the Market Underestimating Amazon's (AMZN) Moat? Ken Wolter / Shutterstock.com Amazon's moat is the ecosystem Millions of third-party sellers expand Amazon's selection, which attracts more customers. More customers attract more sellers.
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