Good article. I see msft and intc with true monopolies in their segment (and I don't imply the got that position in a nefarious way) with stocks that have made no serious move in the last five years. And amazon with no monopoly pricing power is a stock darling. As far as I'm concerned the only explanation is the momo day traders and fad favoring money managers have latched on. It's a short but telling when to step in is extremely difficult.
How to Value Amazon? [View article]