How Amazon Stock Became a Member of the 100,000% Return Club

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How Amazon Stock Became a Member of the 100,000% Return Club

^{Published on 2025-02-17 09:41:08 - Kiplinger}

Since its inception in 1935, Social Security has expanded its mission and reach. Here is how each president from Roosevelt to Trump has impacted Social Security.

The article from Kiplinger discusses Amazon's remarkable stock performance, highlighting its entry into the "100,000 Percent Return Club." Since its initial public offering (IPO) in 1997, Amazon's stock has provided investors with an extraordinary return, turning a $1,000 investment into over $1 million. This growth is attributed to Amazon's evolution from an online bookstore to a global e-commerce and cloud computing giant. The article notes that Amazon's stock has seen significant increases due to its expansion into various sectors like groceries, entertainment, and technology services, alongside its continuous innovation and market dominance. Despite its high valuation and occasional volatility, Amazon's consistent revenue growth, strategic acquisitions, and the visionary leadership of Jeff Bezos have been pivotal in achieving this monumental return, making it a standout example of long-term investment success.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/amazon-amzn-stock-100-000-percent-return-club ]

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