Can Amazon's Stock Pull Off A Repeat Performance In The Next

Can Amazon's Stock Pull Off A Repeat Performance In The Next Decade?


Dec 15, 2020 at 7:46AM
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. One that is just getting started is e-commerce and the online shopping pioneer still has an enormous growth runway.
ProShares' Executive Director of Thematic Investing Scott Helfstein sat down with The Motley Fool to dive into some of the intriguing stocks in their new ETF:
ProShares MSCI Transformational Changes ETF (NYSEMKT:ANEW). He had particularly intriguing thoughts on
Amazon.com (NASDAQ:AMZN) and its future.
Corinne Cardina: Definitely. So that we can get to all four, I'm just going to kind of speed through these digital consumer. Let's start with Amazon. Amazon stock is up 1,700% in ten years. Beyond e-commerce, it's got a lot going for it, its biggest growth driver being Amazon Web Services, the cloud, of course. Do you think that Amazon can do anything near a repeat performance when we're looking ahead to the next decade? How do you envision this as an investment today?

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