Amazon.com Stock Soars 718% Over Past Decade

Amazon.com's (NASDAQ:AMZN) stock has been a top performer over the past decade, outdoing the market by 8.53% on an annualized basis.

This translates to an average annual return of 21.72%, making it one of the most lucrative investments in recent history.

The company's massive size is reflected in its market capitalization of $2.91 trillion, a testament to its dominance in e-commerce and cloud computing.

If an investor had bought $1000 worth of AMZN stock 10 years ago at the then-current price of $270.27, it would be worth approximately $7,197.60 today.