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WKN: 906866 / ISIN: US0231351067

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09.04.2025 10:15:00

Could Buying Amazon Stock Today Set You Up For Life?

E-commerce giant Amazon (NASDAQ: AMZN) has certainly turned several patient investors into millionaires since its public offering in 1997.But it would be naïve to pretend that the stock's 230,000% gain since then wasn't rooted in extraordinary circumstances. That's the proliferation of the internet, of course, paired with founder Jeff Bezos' vision of how the internet would become a powerful shopping medium. That revolution obviously won't be repeated, so neither will Amazon stock's stunning performance during that time.Still, there's no denying that Amazon remains a powerhouse. Could a new investment in it today set you up for life?Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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