Amazon
All these years of wrangling gold stocks and losing, and all along Amazon was the only place to be. And, strange as it may seem, it still is the only place to be. If someone doesn’t stop Bezos, he will replace all storefront retail. He’s well on his way. The stock will never stop its upward trajectory until we collapse as an economy, and even then, who knows, he will still be selling survival gear and freeze dried food.
I suggest if you can get yourself a copy of this months Extreme Value newsletter written by Dan Ferris titled “The Mania has Returned” . After reading it I would be willing to bet the “never” word which was used in the above post would be edited out.
Any company that doesn’t make a decent profit will eventually reflect the value of its ability to generate free cash flow.
Free cash flow beats no competition.
The time to start to worry will be if Amazon start to sell Tulip bulbs 🙂
Oh god they already are!!!
https://www.amazon.co.uk/s/ref=nb_sb_noss?url=search-alias%3Daps&field-keywords=tulip+bulbs
🙂