This Stock Could Be Like Buying Amazon in 1997

Investing April 19, 2024

By: David Hanson

With so much sudden turmoil in the stock market, investors may not even realize that they’re about to miss an important event in stock market history…

You see, I've stumbled onto a company following so closely in Amazon's footsteps that it has seriously caught the attention of our team of investors -- a legendary group who actually did recommend Amazon back in 1997 and racked up over 70,000%  gains in the process…

In addition to recommending investors get in early on Amazon, analysts at The Motley Fool have correctly predicted the success of many of the market’s biggest winners – stocks like:

Netflix, up 32,996%

Nvidia, up 21,685%

Activision Blizzard, up 5,926%

Priceline.com, up 14,462%

Marvel, up 6,171%

Now, of course not every single one of our stocks has been as successful as these incredible winners…but there’s no need for me to cherry-pick returns…

Because here’s the bottom line:

We've been recommending stocks a few decades now, and our average stock pick has returned a mind-boggling 352%... that’s nearly 3x the return of the S&P 500.

Which brings me back to the under-the-radar (yet fast-growing) stock we've recommended, which has some striking similarities to Amazon back in 1997…

I realize that's a bold statement, so allow me to explain…

First off, we knew that ecommerce was a market just waiting for a top dog. We said as much back in 1997, when we first recommended investors buy shares of the ecommerce giant.

Amazon was a small-cap stock that had just gone public on May 15, 1997. Just four months later, we published a detailed, 4,250 word “buy” report on Amazon’s stock. In this revolutionary buy alert, we predicted Jeff Bezos’ vision for Amazon, presciently telling investors “Amazon is about more than just books."

Fast-forward to today, and Amazon’s stock is up over a mind-boggling 70,000%.

We’ve been studying this trend for years here at The Motley Fool, pouring in capital and resources to find a stock worthy of being ‘the next Amazon.’

Now, while you can’t go back in time to 1997 and invest in Amazon alongside us, I believe I’m offering you the next best thing…

In fact, Jeff Bezos himself invested in this company back in 2011, long before it went public.

And it’s only recently been public — this stock went on the market in 2020.

Even more exciting, management believes it has a $3.4 trillion addressable market. At this point in time, it has captured less than 1.5% of that opportunity.

That’s the type of growth and market opportunity that gets our entire investment team's hearts pumping.

Remember the old saying, “the early bird gets the worm” – an ageless mantra reminding us early movers often have the best chance of success.

That’s exactly why we're recommending investors like you buy shares — despite the recent volatility in the market due everything thrown at us in the last couple of years.

And while we would never promise this recommendation will produce Amazon-like returns, the industry disruptor has a massive (and growing) market to expand into, and category-leading service offerings have the business positioned for big growth through the next five years and beyond.

Even though timing isn’t everything, history shows that it can pay to move early on stocks like this one -- especially when you remember the average pick in Stock Advisor is up 352%! (And yes, that includes all our winners and losers!)

There’s just one catch:

We're only sharing the details of the stock with members of The Motley Fool's flagship investing service, Motley Fool Stock Advisor.

Now, if you're not familiar with my Motley Fool Stock Advisor service, it is the online investing service created to provide easy-to-follow, monthly stock recommendations to individual investors.

That's right! Each and every month, nearly 750,000 members investors in to discover which stocks we believe investors should be buying shares of today.

Which brings me back to the under-the-radar company we think is a rock-solid “buy” in today’s bumpy market…

We published a comprehensive “buy” write up inside Stock Advisor that shows you exactly why we believe it has so much upside.

It reveals the reasons why we think every forward-thinking investor should be paying close attention to this alert and what might be a potentially special investment opportunity.

This report is free to you when you sign up for Stock Advisor today.

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Motley Fool Stock Advisor returns are 350% as compared to the S&P 500 returns of 113% as of January 6, 2023. Past performance is not a guarantee of future results. Individual investment results may vary. All investing involves risk of loss.

All other returns are updated during market hours. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. David Hanson owns shares of Activision Blizzard, Amazon, Match Group, NVIDIA, and Walt Disney. The Motley Fool owns shares of Activision Blizzard, Amazon, Booking Holdings, Match Group, Netflix, NVIDIA, and Walt Disney. The Motley Fool has a disclosure policy.

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Past performance is not a predictor of future results. Individual investment results may vary. All investing involves risk of loss.

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