$1000 Invested In This Stock 10 Years Ago Would Be Worth $6,700 Today
Amazon.com AMZN has outperformed the market over the past 10 years by 11.57% on an annualized basis producing an average annual return of 21.71%. Currently, Amazon.com has a market capitalization of $982.62 billion.
Buying $1000 In AMZN: If an investor had bought $1000 of AMZN stock 10 years ago, it would be worth $6,727.29 today based on a price of $96.32 for AMZN at the time of writing.
Amazon.com's Performance Over Last 10 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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