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Michael Feng
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  • Amazon: Don't Pay Up For Revenue Growth Alone 0 comments
    Feb 28, 2012 2:22 PM | about stocks: AAPL, TGT

    Fact 1: At its curent stock price, Amazon (NASDAQ:AMZN) is worth $80 billion.

    Fact 2: Target (NYSE:TGT) is worth $37 billion.
    Fact 3: Target made 5 times more money than Amazon did last year. True, Amazon has had much higher revenue growth, but it's never proven it has the ability to actually MAKE MONEY.
    Why pay a premium for it until it proves it can?

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: AAPL, TGT
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