$5K Investment in Amazon Could Grow to $20,230 by 2036
Amazon's stock performance has been impressive over the past decade, with a 20.24% average annual return. However, it has lagged behind in recent years, with a 7.12% average annual return over the past five years.
The company's cloud computing platform, Amazon Web Services, is growing rapidly, and its investment in AI specialist Anthropic could be a key driver of future growth.
Based on these factors, an estimate suggests that $5,000 invested in Amazon today could grow to around $20,230 in 10 years, assuming an average annual return of 15%.