If You Invested $100 In This Stock 20 Years Ago, You Would Have $11,000 Today
Portfolio Pulse from Benzinga Insights
Amazon.com (NASDAQ:AMZN) has significantly outperformed the market over the past 20 years, with an annualized return of 26.52%. A $100 investment in AMZN 20 years ago would be worth $10,941.46 today. This highlights the power of compounded returns.
October 22, 2024 | 2:04 pm
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Amazon.com has delivered an impressive 26.52% annualized return over the past 20 years, significantly outperforming the market. A $100 investment 20 years ago would now be worth $10,941.46.
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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