Here's How Much You Would Have Made Owning Amazon.com Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Amazon.com (NASDAQ:AMZN) has delivered an average annual return of 22.64% over the past 10 years, outperforming the market by 12.76% on an annualized basis. A $1000 investment in AMZN stock a decade ago would be worth $7,800.29 today. Amazon's market capitalization stands at $1.58 trillion.
December 25, 2023 | 5:30 pm
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Amazon.com has significantly outperformed the market with a 22.64% average annual return over the last 10 years, with a $1000 investment growing to $7,800.29.
The historical performance of Amazon.com is a strong indicator of the company's robust growth and market outperformance. This track record is likely to instill confidence in investors, potentially leading to a positive short term impact on the stock price as it highlights the company's long-term value creation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100