Could Amazon.com Be a Millionaire Maker Stock?
Everyone knows if you had bought Amazon.com (NASDAQ: AMZN) stock when it was just an online bookseller and held on through till today, you'd be a millionaire several times over. A $10,000 investment back then would be worth around $11.7 million today.
But Amazon has progressed far beyond its bookseller roots and is now an integral part of the global economy. The company itself is worth nearly $1.2 trillion, or the size of a few small countries combined. It's fair to ask whether the kind of growth needed to mint new millionaires from an investment in the e-commerce giant is still possible.
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Source Fool.com
