Could Buying Amazon Stock Today Set You Up Life?

Amazon (NASDAQ: AMZN) is one of the best-performing stocks of all time, up more than 200,000% since its IPO in 1997. A $1,000 investment back then would have turned into more than $2 million today.For early investors who held the stock, Amazon has delivered life-changing returns. It's done so by pioneering and establishing itself as a leader in two massive industries, e-commerce and cloud computing, and it has used that to support the growth of high-margin businesses like advertising, its third-party marketplace, and its cloud infrastructure service, Amazon Web Services.However, past performance doesn't guarantee future returns on the stock market. Does Amazon still have the potential to set you up for life? Let's investigate.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool