Prediction: Amazon Will Be a $5 Trillion Stock By 2030

Amazon (NASDAQ: AMZN) has been one of the best-performing stocks in the market over the long run. A $10,000 investment in Amazon a decade ago is now worth $86,000. An even more extreme case is if you had invested $10,000 in Amazon the first time you used the service. I can remember using it around two decades ago, and if I had invested $10,000 in Amazon in 2005, I'd have over $1 million today. However, those returns are in the past, and there's nothing I can do to go back and capture them. All that's left is to look toward the future, and I think it's still quite bright. Although the days of Amazon providing 100x returns over two decades are over, I think there are plenty of reasons to invest in the stock today.Although it's a $2.5 trillion company today, I think Amazon can double over the next five years to become a $5 trillion company by the end of 2030. That would be a double in just over five years, indicating that it will be a market-beating stock (the market tends to double every seven years). As a result, Amazon looks like a strong buy now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool