If You Invested $1000 In This Stock 20 Years Ago, You Would Have $78,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Amazon.com (NASDAQ:AMZN) has produced an average annual return of 24.68%, turning a $1000 investment into $77,739.77. With a current market capitalization of $1.87 trillion, AMZN's performance highlights the impact of compounded returns on investment growth.
April 23, 2024 | 9:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Amazon.com has shown remarkable growth over the past 20 years, with a $1000 investment growing to $77,739.77, reflecting an annual return of 24.68%.
The article highlights Amazon.com's significant outperformance in the stock market over the past two decades, emphasizing the company's strong growth trajectory. This historical performance, coupled with its current market capitalization of $1.87 trillion, suggests a positive outlook for AMZN's stock. The emphasis on compounded returns underlines the potential for long-term investment growth, which could continue to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100