Amazon’s stock plunged by 50% in November 2022 due to high costs from lockdown-era capacity improvements. Despite this, investors who bought Amazon stock three years ago saw a return that doubled that of the S&P 500.

In 2022, Amazon faced losses due to unsuccessful investments and job cuts, resulting in a $2.7 billion net loss. The stock plummeted by almost 50% as a result.

A $100 investment in Amazon from three years ago would be worth $242 today, outperforming the S&P 500 by more than double. This highlights the potential for long-term success in quality companies facing short-term setbacks.

Considerations before investing in Amazon include the analysis from the Motley Fool Stock Advisor team, who identified 10 stocks with significant potential for growth, excluding Amazon. Their past recommendations have yielded impressive returns compared to the S&P 500.

Read more at Nasdaq: If You’d Invested $100 in Amazon Stock 3 Years Ago, Here’s How Much You’d Have Today