If You'd Invested $10,000 in Amazon.com (AMZN) Stock 20 Years Ago, Here's How Much You'd Have Today
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If you had invested $10,000 in Amazon.com (AMZN) stock 20 years ago, it would now be worth $1,183,328, reflecting a 118-fold increase. A $1,000 investment would have grown to $118,332, with an average annual gain of about 27%, significantly outperforming the S&P 500's 9.2%. The shares split 20-for-1, increasing from 100 to 2,000 shares. Currently, Amazon's stock is attractively valued with a P/E ratio of 35, and its cloud-computing platform, Amazon Web Services, continues to show strong growth, with a 17% revenue increase last quarter.
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