AMZN - If You'd Invested $10000 in Amazon Stock 10 Years Ago Here's How Much You'd Have Today
2024-06-17 05:10:00 ET
Amazon (NASDAQ: AMZN) has become an e-commerce and cloud computing powerhouse over the past several years -- and this has translated into a track record of revenue and profit growth. Even in tough times, like in the recent high-interest-rate environment, Amazon prevailed, revamping its cost structure and going on to recover and grow.
Of course, the stock price has dipped at certain points, but overall, if you had invested in Amazon a while back and stuck with this dynamic player, you would have scored a win. Let's take a look at how much you would have now if you'd invested $10,000 in Amazon a decade ago.
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If You'd Invested $10,000 in Amazon Stock 10 Years Ago, Here's How Much You'd Have Today