Here's How Much You Would Have Made Owning Amazon.com Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Amazon.com (NASDAQ:AMZN) has produced an average annual return of 24.05%, outperforming the market by 16.51% annually. With a current market capitalization of $1.76 trillion, a $100 investment in AMZN 20 years ago would be worth $7,311.34 today. This highlights the significant impact of compounded returns over time.
February 07, 2024 | 4:00 pm
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Amazon.com has shown remarkable growth over the past 20 years, with an average annual return of 24.05%, significantly outperforming the market. A $100 investment in AMZN 20 years ago would now be worth $7,311.34.
The historical performance of Amazon.com over the past 20 years, as detailed in the article, demonstrates a strong track record of growth and market outperformance. This historical data, coupled with the company's current market capitalization of $1.76 trillion, suggests a positive outlook for AMZN's stock in the short term. The significant appreciation in value of a hypothetical $100 investment over this period highlights the company's strong investment potential and may attract more investors looking for long-term growth opportunities.
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