It’s no secret that Amazon has been one of the best performing stocks of the past two decades. The company, which started out as an online bookstore in 1994, has grown to become one of the world’s largest and most influential tech companies. And its stock has been a huge beneficiary of this growth, rising from its IPO price of $18 per share in 1997 to more than $3,500 today.
So what would $1000 invested in Amazon be worth today It depends on when you invested.
If you had invested at the IPO price, your investment would be worth more than $700,000 now (not accounting for dividends). But if you had invested later on when Amazon was already well established and its stock had risen to hundreds of dollars per share, your investment would still be worth a sizable amount today.
For example, if you had invested $1000 in Amazon back in 2014 when the stock was trading around $330 per share, your investment would now be worth over $13,000. That’s a return of over 1,200%! And if you had invested even earlier back in 2007 when the stock was trading around $75 per share, your investment would now be worth nearly $20,000, a return of over 1,900%.
Clearly investing in Amazon has been one of the best decisions an investor could have made over the past two decades. But even if you hadn’t gotten into Amazon early on or missed out on its incredible run-up since then, investing today could still prove to be very profitable. After all, analysts are predicting that Amazon’s revenue will continue to grow for many years to come.
Conclusion:
Investing $1000 in Amazon today could potentially turn into a lucrative long-term investment. Depending on when you got into it and how much it rises from here on out, your returns could range anywhere from hundreds to thousands – or even millions – percent. With so much potential upside and little risk involved given its size and dominance in the market today, investing in Amazon is certainly something that any investor should consider.