Three top stocks that are poised to outperform over the long term are e-commerce and cloud computing titan Amazon (NASDAQ: AMZN), water utility giant American Water Works (NYSE: AWK), and videoconferencing specialist Zoom Video Communications (NASDAQ: ZM).
The companies behind these stocks have sustainable competitive advantages that have propelled them to leadership positions in their respective core markets. These advantages should continue to drive their profit growth and power their stock prices higher.
You can open a position in these stocks with as little as $1,000 (or less) because some online brokerages allow you to buy fractional shares. So it doesn’t matter that one share of Amazon is priced much higher than $1,000.