September 25, 2014 | In: Consumer Cyclical
10 Facts About Amazon (NASDAQ:AMZN) For Investors
AMZN, in my opinion, is a very risky stock, but, in the opinion of many, many others, it is a safe haven and a golden egg. Regardless of what I think and what other investors think, here are some 10 facts about Amazon:
- Amazon became public on May of 1998.
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Amazon started trading at $18/share (Google Finance shows that it started trading at $1.5, but remember that the stock was split 1:12 between 1998 and 1999).
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Females constitute about 65% of Amazon’s traffic.
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AMZN had 3 splits between June of 1998 and September of 1999. In short, 1 share of AMZN back in 1998 is 12 shares of AMZN at the current moment.
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Amazon never paid dividends.
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AMZN was hardly hit during the NASDAQ crash of 2000. However, even in its worst days, its price remained above IPO level.
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It took AMZN 10 years to regain its 2000 peak price.
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If you bought 1,000 shares with AMZN back in 1998 (worth $18,000) and kept them to this date, you would have $3,936,000.
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April of 2007 was the most active month for AMZN, where 250 millions shares were traded (about 10 times the average).
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AMZN is trading at a P/E of 862, which means that it’ll take Amazon 862 years to pay off its investors.
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