How Has Amazon Stock Done for Investors?
Investors should avoid making decisions about this stock based on a single time horizon.Amazon (AMZN 0.22%) has generally served as a market stalwart since it launched its IPO in 1997. The company pioneered e-commerce in the U.S. and much of the developed world and later spawned the cloud computing industry as a side effect of its efforts to make e-commerce more widely available.Consequently, it is one of the largest and most respected stocks on the market today, and its place among the so-called "Magnifice ...