What if I bought $1000 shares of Amazon in 1997?
Purchasing one thousand shares of Amazon stock shortly after its initial public offering in May 1997 would have required a very modest initial capital outlay due to early share pricing and subsequent stock splits. Over the next three decades, Amazon evolved from an online bookstore into a dominant global e-commerce and cloud computing behemoth, rewriting retail and technological history. Accounting for three major stock splits that multiplied share quantities over the years, those original shares would have grown into an enormous equity position. The resulting portfolio valuation today would be worth several million dollars, representing one of the most legendary long-term wealth creation opportunities in the history of public equities.
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