$100 Invested In This Stock 20 Years Ago Would Be Worth $7,200 Today
Portfolio Pulse from Benzinga Insights
Amazon.com (NASDAQ:AMZN) has significantly outperformed the market over the past 20 years, achieving an average annual return of 23.94%. A $100 investment in AMZN 20 years ago would be worth $7,179.74 today. The article highlights the power of compounded returns over time.
May 27, 2024 | 2:00 pm
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Amazon.com has outperformed the market over the past 20 years with an average annual return of 23.94%. A $100 investment 20 years ago would be worth $7,179.74 today.
The article highlights Amazon's strong historical performance and the power of compounded returns, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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