Amazon's $1,000 Investment from 2002 Now Worth Over $22,000
Amazon's stock has delivered an impressive average annual return of 22.52% over the past 15 years, surpassing the broader market by 9.55% on an annualized basis.
A $1,000 investment in Amazon's stock 15 years ago would be worth a staggering $22,214.48 today, based on the current share price of $251.78.
The company's significant growth is reflected in its market capitalization of $2.71 trillion, which underscores the impact of long-term compounding returns on investment growth.