More on Citi's Internet coverage launch: Analyst Mark May, taking over for the fired Mark...

More on Citi's Internet coverage launch: Analyst Mark May, taking over for the fired Mark Mahaney, predicts Google (GOOG) will benefit from advertiser and publisher interest in consolidating ad sales/spend, so as to benefit from better scale and data. He notes Google has made the most progress in creating an end-to-end ad platform, but cautions more work is needed. May thinks Amazon (AMZN) can post at least a 17% CAGR over the next 5 years, and believes investors are getting AWS and other growth initiatives for free at current levels. He cites slowing top-line growth (expected to fall to 10%-15% in the next 2-3 years), caused in part by high penetration rates, as a reason for starting OpenTable (OPEN) at Sell. OPEN -3.5% AH.
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Comments (3)
  • Jake2992
    , contributor
    Comments (862) | Send Message
    More useless commentary and afterthoughts on stocks that have already ran their course.
    9 Jul 2013, 06:55 PM Reply Like
  • doctorslernon
    , contributor
    Comments (124) | Send Message
    Love how Amazon is always touted as some money printing machine by these guys. Guess that's why they have lost money the past year & have constantly lowered earnings. Must be all the expansion that never hits the bottom line and their endless purchases of loss-leaders. The sooner the future comes, the sooner Amazon stock gets exposed. Only question is how absurd do the claims get before it ends?
    9 Jul 2013, 10:41 PM Reply Like
  • ReligiousWacko
    , contributor
    Comments (1769) | Send Message
    AMZN bulls mention AWS as some sort of magic driver of future profits but there are tons of well financed competitors and hardly a week goes by without news of price cuts. That pretty much screams thin/zero margin commodity business ... which I guess fits well with AMZN business model.
    10 Jul 2013, 02:49 PM Reply Like
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