One Stock Blasted Past Amazon's 179,184% Run Under Jeff Bezos

2 months ago 9

Jeff Bezos may beryllium losing the contention to space with Virgin Galactic's (SPCE) Richard Branson. And Bezos' stellar tally arsenic CEO astatine S&P 500 person Amazon.com (AMZN) — which ended this period — besides puts Bezos successful 2nd place.

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Shares of user discretionary steadfast Amazon.com jumped 179,184% successful the astir 24 years from the stock's first-day closing terms successful 1997. That's a singular summation that turned a $10,000 concern into $17.9 million.

But get acceptable for an utmost mentation of the adage, "no substance however bully you are, there's idiosyncratic better." Amazon wasn't the apical gainer successful the wide S&P 1500 during the clip Bezos ran Amazon.com arsenic a nationalist company. That rubric goes to user staples institution Monster Beverage (MNST). Shares of the vigor portion shaper are up 332,234% during the clip Amazon.com was public, says an Investor's Business Daily investigation of information from S&P Global Market Intelligence and MarketSmith.

Put it this way. Had you invested $10,000 successful Monster alternatively of Amazon connected the time of its IPO, you'd person $33.2 cardinal now. That's astir $15.5 million, oregon 87%, much than buying Amazon banal connected the time it went public.

But that's not to belittle the astonishing tally of Amazon.com with Bezos astatine the helm. Should you merchantability your Amazon.com banal now that Bezos is stepping down arsenic CEO?

Top S&P 1500 Percentage Gains Since Amazon's IPO

From first-day adjacent connected May 15, 1997

Company Ticker % ch. Sector What $10,000 invested is worthy now
Monster Beverage (MNST) 332,233.6% Consumer Staples $33,233,358
Amazon.com (AMZN) 179,184.4% Consumer Discretionary $17,928,439
Apple (AAPL) 88,214.0% Information Technology $8,831,398
NVR (NVR) 35,790.4% Consumer Discretionary $3,589,039
Tyler Technologies (TYL) 24,669.6% Information Technology $2,476,960
 Sources: IBD, S&P Global Market Intelligence

S&P 500 Leader Amazon's Numbers Under Bezos

Building a institution from thing into what's apt to beryllium the third $2 trillion institution is nary tiny feat.

Amazon.com closed retired its archetypal time of trading astatine a marketplace worth that astatine the clip seemed outrageous: $560.7 million. It was an eye-popping valuation for the institution that mislaid much than $1.19 a stock successful 1999. Some decried Amazon.com's banal arsenic "too expensive." And Amazon.com remains a classical illustration of wherefore maturation investors shouldn't wage excessively overmuch attraction to a stock's P/E ratio.

Fast guardant to now. Amazon's worth jumped by $1.76 trillion. And it's connected gait to gain nett of $28.5 billion, oregon $55.09 a share, successful fiscal 2021. Meanwhile, gross is connected gait to deed $489.6 cardinal successful 2021. That's up much than 17,000% from 2000.

And yet, again, Amazon.com doesn't comes successful No. 1. The institution to mint the astir marketplace worth during Amazon.com's clip arsenic a nationalist institution is Apple (AAPL). The accusation exertion giant's marketplace worth surged $2.3 trillion during the clip Amazon was public. Amazon isn't No. 2, either. That goes to IBD Long-Term Leader Microsoft (MSFT), which added $1.95 trillion successful marketplace worth amid Amazon's run.

It May Not Be No. 1, But Don't Underestimate Amazon.com

Amazon's gains successful the S&P 500 whitethorn not beryllium No. 1. But its relation successful the marketplace and ETFs is massive.

Just successful the SPDR S&P 500 ETF Trust (SPY) alone, Amazon.com holds a 4% weight. That's down Apple astatine 5.9% and Microsoft astatine 5.6%, but inactive astir treble the value of No. 4, Facebook (FB).

And Amazon.com holds an adjacent larger value successful much specialized ETFs. It's astir a 4th of the holdings successful the ProShares Online Retail ETF (ONLN) and much than 23% of the Consumer Discretionary Select Sector SPDR (XLY).

Bezos, too, isn't complaining. Even aft his divorce, Bezos is inactive the No. 1 holder of Amazon.com shares. He owns 51.2 cardinal shares, oregon 10.2%, of the company. That presumption is valued astatine $176.2 billion. And that's wherefore Bezos is No. 1 successful astatine slightest 1 way: his nett worthy of $199 cardinal makes him the richest idiosyncratic successful the world, says Bloomberg.

Not atrocious for a "runner up."

Top S&P 1500 Market Value Gains Since Amazon's IPO

From first-day adjacent connected May 15, 1997

Company Ticker % ch. Ch. successful marketplace worth ($ billions) Sector What $10,000 invested is worthy now
Apple (AAPL) 88,214.0% $2.3 Information Technology $8,831,398
Microsoft (MSFT) 1,796.4% $2.0 Information Technology $189,644
Amazon.com (AMZN) 179,184.4% $1.8 Consumer Discretionary $17,928,439
Berkshire Hathaway (BRKA) 957.9% $0.6 Financials $105,794
JPMorgan Chase (JPM) 381.9% $0.4 Financials $48,195
Sources: IBD, S&P Global Market Intelligence
Follow Matt Krantz connected Twitter @mattkrantz

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