With a market capitalization of $1.8 trillion and 2023 net sales of $575 billion, Amazon (NASDAQ: AMZN) is one of the most successful enterprises on the face of the planet. It has its hands in various consumer and business-facing markets, representing how powerful the company has become.

Shares have skyrocketed 907% in the last 10 years. But I don't think you missed the boat just yet. Here are two must-know reasons you should buy this FAANG stock like there's no tomorrow.

The first and perhaps most obvious reason that investors should rush to buy shares of this tech behemoth is because of how dominant it is. And in Amazon's case, it's a leader in multiple industries, something that puts this business in a league of its own.

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Source Fool.com