E-commerce and cloud leader Amazon (NASDAQ: AMZN) is a bona fide stock winner that keeps compounding in value. Shares trade near their all-time highs, and a mere $1,000 investment made at its initial public offering in May 1997 has turned into over $1.9 million.

Naturally, new investors will ask whether they have missed the train on this stock. Does Amazon still have share appreciation juice to squeeze as it approaches a $2 trillion valuation? The answer to that question involves asking two other distinct questions:

After doing some homework, I was surprised at the answers I found. Here is what you need to know.

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Source Fool.com