Where Will Amazon Stock Be in 3 Years?
In the past 20 years, Amazon's (NASDAQ: AMZN) shares have skyrocketed an incredible 6,200%, turning $1,000 into more than $63,000 during that time. This magnificent tech giant has been so successful that it's now one of the most valuable enterprises on the face of the planet, valued at over $1.6 trillion today.
Past performance is never indicative of future returns. That might be even more accurate in this case, given Amazon's massive size. But the business still has a lot of positive factors working in its favor, which investors can be excited about today.
Where will this FAANG stock be in three years? The answer might surprise you.
Source Fool.com
