Could Investing $10,000 in Amazon Make You a Millionaire?
From Nasdaq: 2024-04-07 03:15:00
Amazon (NASDAQ: AMZN) is a top stock that has seen immense growth in the past decade, rising nearly 1,000%. With a market cap of $1.8 trillion and a strong cash position, the company is well-positioned for future success. However, investing in a single stock like Amazon carries significant risk due to its stock price volatility. While Amazon has the potential to make investors millionaires, diversification is key to managing risk. The Motley Fool Stock Advisor team suggests exploring a diversified portfolio instead of putting all eggs in one basket like Amazon.
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