Can $10,000 Invested in Amazon Stock Turn Into $1 Million by 2035?
Amazon's (NASDAQ: AMZN) reach stretches wide and deep. If you're like tens of millions of Americans, you rely on it to buy essentials and other items. But even if you aren't, you might be using the websites it powers through Amazon Web Services (AWS) or watching content from its film studios (it owns MGM and operates Amazon Prime Video).Amazon stock has created incredible shareholder value over the past few years as the company has built itself into the giant it is today. But is it still a massive wealth builder? Let's see if $10,000 invested today can turn into $1 million over the next 10 years.Amazon has many growing businesses, and it's benefiting from organic tailwinds, as well as making many improvements that have ripple effects across its enterprise.Continue reading
Amazon's (NASDAQ: AMZN) reach stretches wide and deep. If you're like tens of millions of Americans, you rely on it to buy essentials and other items. But even if you aren't, you might be using the websites it powers through Amazon Web Services (AWS) or watching content from its film studios (it owns MGM and operates Amazon Prime Video).
Amazon stock has created incredible shareholder value over the past few years as the company has built itself into the giant it is today. But is it still a massive wealth builder? Let's see if $10,000 invested today can turn into $1 million over the next 10 years.
Amazon has many growing businesses, and it's benefiting from organic tailwinds, as well as making many improvements that have ripple effects across its enterprise.
