Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 10 years by 14.89% on an annualized basis producing an average annual return of 24.4%. Currently, Amazon.com has a market capitalization of $1.18 trillion.
Buying $1000 In AMZN: If an investor had bought $1000 of AMZN stock 10 years ago, it would be worth $9,030.56 today based on a price of $115.56 for AMZN at the time of writing.
Amazon.com's Performance Over Last 10 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 growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.