ShareShare Post by means of FacebookShare Post using TwitterShare Post through LinkedInShare Message through Email

It's been virtually a year because Amazon closed its deal to purchase Whole Foods and also the verdict is in for shareholders of the virtual retail huge. Amazon's stock has more than doubled over the previous year, outpercreating other publicly traded grocery chains by a large margin. Since the Amazon-Whole Food deal closed, the S&P 500 index has actually been up 18 percent.

You are watching: This stock could be like buying amazon in 1997

As exceptional as that is, original investors in Amazon fare also much better. If you had invested $1,000 in the time of Amazon's IPO in May 1997, your investment would be worth $1,341,000 as of August 31, according to calculations.

That's much better than the so-dubbed FAANG stocks, plus Ebay – which debuted in that same period. Apple's get, which was the second highest at a practically 58,000 percent, is remarkable, but it also had a 17-year head begin and also its return is still less than half of Amazon's.

Amazon is not only crushing the competition from various other grocery stores; it proceeds to reign supreme in retail also. Since its IPO in May 1997, Amazon has gained over 134,000 percent, far surpassing various other rivals.

It's likewise worth noting that Amazon started as an digital booksave before it flourished and also diversified. Barnes & Noble, another book retailer, has actually checked out the worth of its stock go down virtually by half.

In spite of Amazon's amazing stock performance, any individual stock deserve to over- or under-perdevelop and also past retransforms do not predict future results.

Want to invest in the following Amazon? Research your choices carefully before jumping into the stock sector. Experienced investors favor Warren Buffett recommend beginning out with index funds. These investments organize eexceptionally stock in an index favor the S&P 500, and also offer low fees. They also fluctuate through the sector, so they market much less threat than picking individual stocks.

See more: How Does Samus Turn Into A Ball, Is It Possible? How Does Samus Morph Ball Work

More reporting by George Manessis and Christoper Hayes.

Don't miss: If you invested $1,000 in Tesla in 2010, here's how a lot you'd have actually now

Like this story? Subscribe to Make It on YouTube!

How this young Indiana pair stole $1.2 million from Amazon
Make It

Stay in the loop

Get Make It newsletters ceded to your inbox

Sign Up
About Us

Discover more about the civilization of Make It

Learn More
Follow Us
Privacy PolicyDo Not Sell My Personal Information
CA NoticeTerms of ServiceContact