$100 Invested In This Stock 10 Years Ago Would Be Worth $900 Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Amazon.com (NASDAQ:AMZN) has significantly outperformed the market, yielding an average annual return of 25.24%. A $100 investment in AMZN 10 years ago would now be worth $948.79. Amazon's market capitalization stands at $1.83 trillion, highlighting the impact of compounded returns on investment growth.
March 01, 2024 | 2:01 pm
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Amazon.com has demonstrated exceptional growth over the past decade, with a $100 investment growing to $948.79, reflecting an annual return of 25.24%.
The significant growth in Amazon's stock price over the past decade, as highlighted by the increase in value of a $100 investment to $948.79, underscores the company's strong market performance and potential for continued growth. This historical performance, coupled with Amazon's current market capitalization of $1.83 trillion, suggests a positive outlook for the stock in the short term.
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IMPORTANCE 90
RELEVANCE 100