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Don't Buy Amazon Stock Until You Read This

TheMotleyFool

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Don't Buy Amazon Stock Until You Read This: https://g.foolcdn.com/editorial/images/876869/amazon-name-on-yellow-screen-filter-with-warehouse-and-truck-in-background_-the-motley-fool.png

Amazon (NASDAQ: AMZN) certainly makes the short list of the best-performing stocks so far this century. Over the past two decades, shares have risen 12,350% (as of June 29). You would have over $1.2 million today if you made a hypothetical $10,000 investment in late June 2006.

The "Magnificent Seven" stock currently trades 13% off its peak, which can be viewed as an attractive entry point to acquire a disruptive enterprise with a strong position in online shopping, digital advertising, and cloud computing.

It's a good idea not to rush, though. Don't buy Amazon shares until you read this first.

Source Fool.com

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