Amazon Stock Could Grow 4-Fold by 2036: Analyst

Amazon's stock performance over the past decade is impressive, with an average annual return of 20.24%.

However, the company's shares have lagged behind the S&P 500 index in recent years, averaging annual gains of roughly 12% over the past five years.

The forward-looking price-to-earnings (P/E) ratio of Amazon is currently at 23, which is below its five-year average of 39.

A financial analyst predicts that a $5,000 investment in Amazon stock could be worth around $20,230 by 2036, assuming an average annual growth rate of 15%.

This prediction is based on the company's strong performance and its dominance in cloud computing and artificial intelligence.