Prediction: Amazon Could Surge by 100% in the Next 5 Years
Want to hear a staggering number? Here it is: 208,300%. That's roughly the gain that Amazon (NASDAQ: AMZN) has delivered since its initial public offering (IPO) on May 15, 1997. If you had invested $10,000 in the stock back then and held on for the wild ride, you'd have a whopping $20.8 million today. Amazon won't be able to generate the kind of sizzling growth in the future as it did when the company was still a rising star. However, that doesn't mean this stock can't still make investors a lot of money. I predict Amazon could surge by 100% (or more) in the next five years.Image source: Amazon.Continue reading
Want to hear a staggering number? Here it is: 208,300%. That's roughly the gain that Amazon (NASDAQ: AMZN) has delivered since its initial public offering (IPO) on May 15, 1997. If you had invested $10,000 in the stock back then and held on for the wild ride, you'd have a whopping $20.8 million today.
Amazon won't be able to generate the kind of sizzling growth in the future as it did when the company was still a rising star. However, that doesn't mean this stock can't still make investors a lot of money. I predict Amazon could surge by 100% (or more) in the next five years.
Image source: Amazon.
