Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 20 years by 23.12% on an annualized basis.
Buying $100 In AMZN: 20 years ago, an investor could have purchased 6.07 shares of Amazon.com at the time with $100. This investment in AMZN would have produced an average annual return of 29.76%. Currently, Amazon.com has a market capitalization of $1.49 trillion.
Amazon.com's Share Price Over Last 20 Years
This $100 investment would be worth $17,740.47 today based on a price of $2923.63 for AMZN at the time of writing.
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.
You can check out Benzinga's market data in an enhanced view on Benzinga Pro
This article was generated by Benzinga's automated content engine and reviewed by an editor.
