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What Would You Have if You Invested in Amazon Yesterday?
Missed opportunity or millions in your pocket?
Here's a look at what you could have made if you had invested in Amazon stock.
If you had invested $10,000 in Amazon at its IPO price in 1997, you would have purchased 555 shares. Those shares would be worth about $23 million today.
If you had invested $10,000 in Amazon stock 10 years ago, you would have turned it into about $2 million today.
And if you had invested $10,000 in Amazon stock just five years ago, you would have turned it into about $500,000.
Of course, past performance is no guarantee of future results. But Amazon has been a very successful company for a long time, and it shows no signs of slowing down.
So if you're thinking about investing in Amazon, now is a great time to do it.