The Present Value of a $1,000 Investment Made in Amazon 10 Years Ago
The Present Value of a $1,000 Investment Made in Amazon 10 Years Ago
What interests many investors is the change in a stock's price over time.
It also helps to compare stocks. Another thing that can drive investment is fear of hijacking, or FOMO, which particularly concerns tech giants and popular consumer stocks.
What if you had invested in Amazon (AMZN) ten years ago? How much would your investment be worth today?
-Looking In-Depth Amazon's Business
It's worth taking a look at Amazon's main business drivers. Amazon.com is known to be one of the largest e-commerce providers currently spanning the world.
The online retail business revolves around the Prime program, which is well supported by the company's large distribution network. In addition, the acquisition of Whole Foods Market was a huge benefit to the company.
Thanks to Amazon Web Services (AWS), cloud computing dominates the market, especially in Infrastructure as a Service (IaaS).
The Present Value of a $1,000 Investment Made in Amazon 10 Years Ago
While Amazon becomes a household name with its Alexa-powered Echo devices, it also helps the company sell products and services thanks to Artificial Intelligence (AI) that supports Alexa.
It reported $386.1 billion in revenue in 2020 under three broad headings:
-North America,
-International and
-AWS,
these constitute 61,2%, 27% and 11,8% of total revenues, respectively.
Amazon's target is: three categories
-consumers,
-sellers and
-website developers.
To consumers, offers the variety, convenience and free delivery of goods displayed on their website.It allows vendors to use their website or to direct customers to vendors' own branded websites, thus charging vendors a fee for their service.
Conclusion
For Amazon, if you bought stock ten years ago, you MUST FEEL VERY GOOD about your investment today. A $1,000 investment made in June 2011 is EXPECTED to be worth $17.665.33, or 1,666.53%, as of June 28, 2021.
Analysts expect more upside for AMZN.
The Present Value of a $1,000 Investment Made in Amazon 10 Years Ago
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