Amazon (AMZN) Stock Costs $250 a Share. Here's Why I'd Still Buy It.
Key PointsAmazon is a great candidate for a portfolio focused on long-term growth.
Amazon's stock is currently trading at around $250 per share, which might seem expensive at first glance. However, considering its impressive track record, I believe it's worth considering a purchase. Over the past 15 years, Amazon has delivered annual returns of 22%. Imagine investing $10,000 back in 1997 when the stock went public; you'd now own a $28 million fortune! Even if you're not able to invest the full $250, many brokerages offer fractional shares, allowing you to buy a portion of this promising company.
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