AMZN's 15-Year Streak: Average Annual Return Tops 22.5%
Amazon.com (NASDAQ:AMZN) has delivered impressive returns over the past 15 years, outperforming the market by 9.55% on an annualized basis.
This translates to a remarkable average annual return of 22.52%, with Amazon's market capitalization currently standing at $2.71 trillion.
Investors who bought $1000 worth of AMZN stock 15 years ago would have seen their investment grow significantly, reaching a value of $22,214.48 today based on the current price of $251.78 per share.