Although Amazon (Nasdaq:AMZN) is not close to being my favorite internet stock, it's hard for me not to admire the company on multiple levels. Not unlike, Google (Nasdaq: GOOG)
Amazon isn't afraid to walk and chew bubblegum at the same time, and
the company seems unafraid of flouting Wall Street's obsession over
short-term growth by investing in multiple projects that likely won't
produce meaningful margins for many years. While there's still a worry
that investors will lose faith in the company's ability to generate
strong margins and cash flows at some later date (and revise their
opinion on “fair” multiples accordingly), Amazon seems focused on
remaining a disruptive force in multiple markets.
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http://www.investopedia.com/stock-analysis/072613/minimum-amazon-consistent-amzn-goog-nflx-ibm.aspx
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