Two $2 Trillion Stocks for Young Investors in Their 20s
The S&P 500 index fund is a reliable way to build wealth over time, but young investors in their 20s may prefer a more dynamic portfolio with a mix of individual stocks. Amazon and Meta Platforms are two companies that have delivered impressive returns since going public.
Amazon's stock has surged by 349,326% since its IPO in 1997, while Meta's stock has soared by 1,371% since its IPO in 2012. Both companies have a strong presence in their respective markets and are leveraging emerging technologies like AI to drive growth.
Amazon's cloud computing division, AWS, is a significant contributor to the company's profitability, accounting for over half of its operating income. The company is also investing heavily in AI, with an equity stake in Anthropic yielding nearly $70 billion in paper profits this year alone.
META Platforms, on the other hand, is leaning on AI to boost engagement and revenue growth. Its social media platforms have 3.6 billion users, but with a finite number of potential users, the company is turning to AI to increase ad revenue and user retention.