If You'd Invested $1,000 in Amazon Stock 27 Years Ago, Here's How Much You'd Have Today
AMZNAmazon(AMZN) The Motley Fool·2024-10-04 00:21

Amazon's story offers many lessons to investors. When it comes to growth potential over time, few stocks have matched Amazon (AMZN -1.14%). The ecommerce pioneer has evolved from an online bookseller to a conglomerate that leads the way in several niches of retail and technology. In hindsight, if one had the patience to wait and the fortitude to ride out massive declines, a 1,000investmentinthecompany′sinitialpublicoffering(IPO)wouldhavepaidoffhandsomelyforshareholders.Amazon′sgrowthA1,000 investment in the company's initial public offering (IPO) would have paid off handsomely for shareholders. Amazon's growth A 1, ...