So far this year, AMZN has gained 51.56%. Over the past five years, the stock is up a whopping 404%.
Some investors question whether it's too late to make money from this stock. It's not.
In fact, now may be the perfect time to accumulate more shares of Amazon.
Because now, analysts are predicting Amazon will reach $2,000 - and fast. In fact, Morgan Stanley claims it will reach that milestone within a couple of years.
The stock is currently trading around $1,100.
We think it will hit the $2,000 mark - and the accompanying $1 trillion market cap - even sooner. That's because Amazon is growing fast in all the right markets.
Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on Fox Business Network's "Varney & Co." recently to discuss where he sees Amazon stock going and - more importantly - why it will get there so quickly.
Check it out...
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