Here's How Much $1000 Invested In Amazon.com 10 Years Ago Would Be Worth Today
Amazon.com (AMZN) has delivered an average annual return of 24.32% over the past decade, outperforming the market by 11.69%. An investment of $1000 in AMZN stock 10 years ago would now be worth $8,835.40, reflecting the significant impact of compounded returns. Currently, Amazon's market capitalization stands at $2.47 trillion.
Amazon.com AMZN has outperformed the market over the past 10 years by 11.69% on an annualized basis producing an average annual return of 24.32%. Currently, Amazon.com has a market capitalization of $2.47 trillion.
Buying $1000 In AMZN: If an investor had bought $1000 of AMZN stock 10 years ago, it would be worth $8,835.40 today based on a price of $231.31 for AMZN at the time of writing.
Amazon.com's Performance Over Last 10 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
