Don't forget to get to know all the Imposters cast members during the premiere February 7 at 10/9c. Related Content 7 Things We Learned from the First 12 Minutes of Imposters
Back when the company had its IPO in 1997, Amazon was pretty much just an online bookstore. The company sold its shares for just $18 to raise $54 million at a valuation of $438 million. Today, it takes Amazon about two days to raise that much cash (based on its 2016 free cash flow). If you had been able to buy $2,000 of Amazon's IPO and held on to it for the past 20 years, you'd be sitting on about $1,136,000 in Amazon stock today. That's a return of 56,821%, or an average of around 37% annually.
At the end of the day, if you assume that Amazon won't split its stock price before, it's pretty much a coin toss, Gilbert said Friday on CNBC's Power Lunch.. Rich Ross of Evercore ISI said Alphabet's long-term chart shows a key breakout that should lead the stock much higher. Ross sees Alphabet reaching $850 in the shorter term, and eventually hitting $950, which would be a 32 percent increase from Friday's closing price.