Investing $10,000 in Amazon stock 10 years ago would now be worth over $114,690

From Nasdaq: 2024-06-17 05:10:00

Amazon (NASDAQ: AMZN) has shown consistent revenue and profit growth, even during challenging times. A $10,000 investment in Amazon stock ten years ago would now be worth over $114,690, proving its long-term potential. Amazon’s focus on e-commerce, cloud computing, and AI positions it for future growth and share price gains.

While Amazon has been a great long-term investment, the question remains whether it still holds potential. With a $100 billion annual revenue run rate from AWS and investments in AI, Amazon is poised for earnings growth in the coming years. This, along with its leadership in e-commerce and cloud computing, suggests continued success.

Before investing in Amazon, consider other top stocks recommended by The Motley Fool Stock Advisor team. While Amazon may not be among them, their picks have historically produced high returns. With a proven track record of outperforming the S&P 500, Stock Advisor offers valuable insights for investors.

John Mackey, former CEO of Whole Foods Market and an Amazon subsidiary, is on The Motley Fool’s board. Author Adria Cimino holds positions in Amazon. The Motley Fool recommends and has positions in Amazon, with a disclosure policy in place.



Read more at Nasdaq: If You’d Invested $10,000 in Amazon Stock 10 Years Ago, Here’s How Much You’d Have Today