Here's How Much $1000 Invested In Amazon.com 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Amazon.com (NASDAQ:AMZN) has produced an average annual return of 22.38%, outperforming the market by 12.42% on an annualized basis. A $1000 investment in AMZN a decade ago would be worth $7,512.66 today. Amazon's market capitalization currently stands at $1.50 trillion. The article highlights the impact of compounded returns on investment growth over time.
December 12, 2023 | 3:30 pm
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Amazon.com has demonstrated strong performance with an average annual return of 22.38% over the past decade, significantly outperforming the market. The company's market cap is $1.50 trillion, reflecting its substantial growth.
The historical performance data provided for Amazon.com indicates a strong track record of growth and market outperformance. This information, while retrospective, can positively influence investor sentiment and potentially lead to increased investor confidence in the short term. However, past performance is not indicative of future results, and investors should consider current market conditions and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100