10 Reasons to Buy Amazon Stock -- and Consider Never Selling
Amazon.com (NASDAQ: AMZN) stock has been a wonderful long-term performer. Over the 10-year period through March 31, it's gained 1,340% -- more than seven times the S&P 500's 176% return over this period.
Put another way, $1,000 invested in the e-commerce and cloud computing giant a decade ago would now be worth $14,400. That grand invested in the broader market has turned into $2,760.
Given the company's Amazonian size, it's natural for investors to wonder if it can keep on growing robustly and continue to handsomely reward shareholders.
Source Fool.com
