This Stock Could Be Like Buying Amazon in 1997 (2024)

With so much sudden turmoil in the stock market, you may not even realize that you're about to miss an important and rare event in stock market history…

You see, I've stumbled onto a practically unknown (yet publicly traded) company following so closely in Amazon's footsteps that it has seriously caught the attention of David Gardner -- a legendary investor whoactually didbuy Amazon back in 1997 and racked up over 40,000% gains in the process…

In case you’ve never heard of David Gardner, he’s the co-founder of The Motley Fool.

And simply put, David’s track-record of identifying the right companies at the forefront of technology in the stuff of legend.

In addition to recommending investors get in early on Amazon, David has correctly predicted the success of many of the market’s biggest winners – stocks like:

Netflix, up32,133%

Nvidia, up22,895%

Activision Blizzard, up5,926%

Priceline.com, up14,358%

Marvel, up6,011%

Now, of course not every single one of David’s 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:

David has been recommending stocks a few decades now, and hisaverage stock pick has returned a mind-boggling1022.0%... that’s more than 5x the return of the S&P 500.

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

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

First, David first issued his “buy” alert on this stock just five months after a companyheld its IPO and went public.

Shares of this company had only been available to the public for a few months, and David believed it was the perfect time to make a move on this stock.

Fast-forward a few months later, and David recommended the same IPO company asecondtime.

Here’s why this is such an important (and rare) move:

In the past 18 years, there have beenonly 4 occasionsDavid Gardner has recommended shares of a company that held its IPO within 5 months of his “buy” alert.

That’s incredible! Only 4 times has David looked at a brand-new stock and immediatelybelieved he found a winner.

Usually, David likes to wait and see a company prove itself in the public markets for a few years before recommending investors buy shares, butsometimes, on rare occasions, he believes in a company so much, he urges investors to act fast and grab shares.

Perhaps no example better highlights this rare conviction like David’s September 1997 recommendation of Amazon.com. Amazon was a small-cap stock that had just gone public on May 15, 1997, whenDavid Gardner first published his detailed, 4,250 word “buy” report on Amazon’s stockand added shares to his portfolio.

David predicted Jeff Bezos’ vision for Amazon. David told investors “Amazon is about more than just books."

Amazon had been public for just 4 months when David issued this bold “buy” recommendation butboy, did it pay to listen.

A mere two weeks after David recommended buying shares of Amazon, the stock had already surged more than 41%.

Many investors would be elated with a 41% pop and sell out.Not David.

David refused to sell -- fast-forward to today, Amazon’s stock is up over a mind-boggling 40,000% -- turning every $5,000 invested in Amazon into more than $2,000,000 today.

While you can’t go back in time and invest in Amazon alongside David Gardner, I believe I’m offering you the next best thing…

The chance to get in early on thisrecent-IPO stock.

First, the stock has already crushed the market since it went public.

Second, the company has nearly doubled its paying members over the past four years.

And it has dominant market share, owning four of the five top brands in its space.

Even more exciting, management expects double-digit revenue growth going forward.

That’s the type of growth and market opportunity that gets David and 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 ofsuccess.

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 2020 and beyond.

And while we would never guarantee David's recommendation will produce Amazon-like returns,this stock is already up256%since David first recommended it.

Even though timing isn’t everything, history shows that it can pay to move early on stocks like this one -- especially when you remember David's average pick inStock Advisoris up 1022.0%! (And yes, that includes all his winnersandlosers!)

There’s just one catch:

David is 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 myMotley Fool Stock Advisorservice, this is the award-winning online investing service David created to provide easy-to-follow, monthly stock recommendations to individual investors.

That's right! Each and every month, over 750,000 investors tune in to discover which stocks David and his brother Tom Gardner (the CEO of The Motley Fool) believe investors should be buying shares of today.

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

Because he wants as many investors as possible to potentially profit from this fast-growing company, David published a comprehensive “buy” report insideStock Advisorthat shows you exactly why he believes 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 life-changing investment opportunity.

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