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re: Anemic Amazon: Wall Street Tires Of Jeff Bezos' Aversion To Profit

Posted on 4/25/14 at 2:40 pm to
Posted by Korkstand
Member since Nov 2003
28712 posts
Posted on 4/25/14 at 2:40 pm to
At least they understand that it is an aversion to profits, and not an inability to make a profit.

quote:

What is a good target to jump into the stock?

If you believe in Bezos and the way he is running Amazon, then almost any price is a good price because you will be holding for life. As long as the growth rate is astronomical (20%+ for a company with revenue approaching 100B? That's insane.), why on earth would Amazon even think about slowing down on the investments? Why would anyone invest in a company, but not want that company to invest in itself and its future? Amazon has tons of room for growth, and if investors want to see Amazon turning big profits and paying dividends, then I think they will be disappointed for a couple more decades. I think those who hold for life will be very handsomely rewarded.
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