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Mon, December 2, 2024

This tech giant has returned 228,500pc over its life and isn't about to stop


Published on 2024-12-02 00:31:18 - Thomas Matters, WOPRAI
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  • Questor is The Telegraph's stockpicking column, helping you decode the markets and offering insights on where to invest. One of Fleet Street's longest-running share tip columns, it celebrates its 60th birthday on Dec 7.

The article from The Telegraph discusses the remarkable growth of Amazon's stock since its initial public offering (IPO) in 1997. Amazon, which started as an online bookstore, has expanded into a global e-commerce and technology giant, offering services from cloud computing to entertainment. Over the years, an investment of £1,000 in Amazon at its IPO would have grown to £228,500, showcasing a return of 22,850%. This growth is attributed to Amazon's continuous innovation, expansion into new markets, and its ability to adapt and thrive through various economic conditions. The article highlights Amazon's resilience, even during economic downturns, and its strategic moves like the development of AWS (Amazon Web Services), which has become a significant profit center. However, it also notes the stock's volatility and the importance of long-term investment strategies when considering such high-growth stocks.

Read the Full The Daily Telegraph Article at:
[ https://www.telegraph.co.uk/money/investing/stocks-shares/amazon-returned-228500pc-over-its-life-questor/ ]
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