2 Stocks That Turned $1,000 Into $2 Million

Core Insights - Investing in the broader market can yield wealth over time, but exceptional companies can achieve significant returns much faster [1][2] Group 1: Amazon - Amazon started as a pioneer in online shopping and has transformed a $1,000 investment in 1997 into over $2 million today [5] - The company has diversified its business beyond e-commerce, including successful ventures in Prime subscriptions, digital advertising, Prime Video, and Amazon Web Services (AWS), which is now the leading cloud services provider [6][8] - Despite being a multitrillion-dollar company, Amazon still has long-term growth potential, particularly in e-commerce and cloud computing, as well as opportunities in artificial intelligence [8][9] Group 2: Microsoft - Microsoft has a long-standing legacy in technology, turning a $1,000 investment in 1986 into over $2 million, with its Windows operating system being a cornerstone of its success [10] - The company has expanded its offerings to include Microsoft 365, Azure cloud, LinkedIn, and Xbox, creating powerful network effects that enhance customer retention [11][13] - Microsoft is financially robust, generating substantial cash profits and investing heavily in AI, while also maintaining a history of increasing dividends for 23 consecutive years [13][14]