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Is Amazon Stock a Buy?


E-commerce titan Amazon.com (NASDAQ: AMZN) has been crushing the market for 24 years now. $10,000 invested in Amazon on the first day of trading in May 1997 would be worth $16.6 million at today's share prices.

You might expect Amazon's growth engines to run out of rocket fuel someday soon, but the stock is still a solid buy in my book. Here's why.

What started as a modest online bookstore has grown into a global conglomerate spanning several industries.

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Source Fool.com

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