'm not 100% sold on AMZN. It's a reasonable buy based on the belief that people will continue to move towards buying from internet retailers and AMZN is the Wal-Mart of the Internet retailers. All the same, there might be one little problem --- the states are desperate for money and many of them are concocting schemes to milk it out of Internet retailers since they most of them don't technically charge sales taxes directly to customers. If that happens, suddenly, Amazon's not as cheap to consumers.
It should still continue to experience growth. It's just difficult to say how the whole tax situation will play out.
Barron's S&P 500 Stock Screen [View article]
'm not 100% sold on AMZN. It's a reasonable buy based on the belief that people will continue to move towards buying from internet retailers and AMZN is the Wal-Mart of the Internet retailers. All the same, there might be one little problem --- the states are desperate for money and many of them are concocting schemes to milk it out of Internet retailers since they most of them don't technically charge sales taxes directly to customers. If that happens, suddenly, Amazon's not as cheap to consumers.
It should still continue to experience growth. It's just difficult to say how the whole tax situation will play out.