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Is Amazon Stock a Once-in-a-Decade Buying Opportunity?


Some of the greatest returns this century have come from getting in early on certain technology companies. Take a look at Amazon (NASDAQ: AMZN), whose shares have skyrocketed almost 214,000% since the initial public offering in May 1997 (as of March 9). Had you invested $1,000 in this business at that time, you'd have a jaw-dropping $2.1 million today.

It's time to view this "Magnificent Seven" stock with a fresh lens. Is Amazon a once-in-a-decade buying opportunity right now?

Image source: Getty Images.

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Source Fool.com

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