5 Upgrades For Amazon In Analyst Show Of Confidence [View article]
The fact that the market can't tell the difference between bulls and short covering is instructive.
AMZN is a great company, but the fact is, it's a low margin retailer. To grow into it's pe would require Walmart like sales. It ain't gonna happen. EPS growth in Amazon is high because EPS is low.
Long term, no shareholder will ever see any more than a tiny pittance of Amazon's earnings paid out as dividends. A $99 price target is like putting a $80,000 price tag on a prius. It's an idiot price.
5 Upgrades For Amazon In Analyst Show Of Confidence [View article]
AMZN is a great company, but the fact is, it's a low margin retailer. To grow into it's pe would require Walmart like sales. It ain't gonna happen. EPS growth in Amazon is high because EPS is low.
Long term, no shareholder will ever see any more than a tiny pittance of Amazon's earnings paid out as dividends. A $99 price target is like putting a $80,000 price tag on a prius. It's an idiot price.