Amazon stock continues to compound, still reasonably priced with room for growth

From Nasdaq: 2024-04-15 03:50:00

Amazon’s stock value continues to compound, with a $1,000 investment turning into over $1.9 million since its IPO in 1997. But, has the train left the station? Amazon leads in e-commerce, cloud computing, and digital advertising, with room for growth in all three markets, making it a solid investment choice for long-term growth. Shares are still reasonably priced, offering value to investors. The Motley Fool’s Stock Advisor team suggests looking into other potential high-return stocks, but Amazon remains a promising choice for investors with a Dollar-Cost Averaging strategy.



Read more at Nasdaq: Is It Too Late to Buy Amazon Stock?