Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 20 years by 18.42% on an annualized basis producing an average annual return of 27.0%. Currently, Amazon.com has a market capitalization of $2.30 trillion.
Buying $1000 In AMZN:If an investor had bought $1000 of AMZN stock 20 years ago, it would be worth$116,578.73today based on a price of $214.80 for AMZN at the time of writing.
Amazon.com's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash...
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