Can $10,000 Invested in Amazon Stock Turn Into $1 Million by 2035?

Core Insights - Amazon has established itself as a dominant player in the e-commerce sector, accounting for 40% of all U.S. e-commerce sales, significantly ahead of competitors like Walmart, which holds about 6% [4] - The company is continuously enhancing its platform and logistics to maintain its competitive edge and improve delivery speeds, achieving record same- or next-day delivery rates in Q1 2025 [5] - Amazon's growth is driven by its cloud services (AWS) and generative AI offerings, positioning it well for future market shifts as 85% of global IT spending remains off the cloud [6][7] Growth Drivers - Amazon's advertising segment is its fastest-growing area, with a 19% year-over-year increase in Q1, alongside new opportunities in ad-supported streaming and third-party outlets [9] - The company is exploring new industries such as physical retail and healthcare, demonstrating its ability to identify and dominate emerging markets [9] Investment Potential - While Amazon has historically provided substantial returns, turning a $10,000 investment into $1 million (a 10,000% increase) is unlikely given its current size and growth rate, which has slowed over time [10][11] - The stock has increased by 840% over the past decade, but future growth rates are expected to be lower due to the company's larger market base [11] - Even a hypothetical 10-fold increase in stock price would imply a market cap exceeding $21 trillion, suggesting an unrealistic compound annual growth rate of 26% [12] Conclusion - Amazon remains a highly recommended stock with growth prospects for shareholders, but it is not expected to deliver the extraordinary returns typical of younger growth stocks [13]