Amazon.com, Inc. (NASDAQ:AMZN)
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Once simply an online purveyor of books, Amazon.com has become a marketplace for just about anything you’d want to buy.
Thousands of investors, millions in profit
Once simply an online purveyor of books, Amazon.com has become a marketplace for just about anything you’d want to buy.
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I think amazon is a great company making very quick strides to battle with the largest retailers out there. Sure their earnings is going to suffer as long as capital expenditures and hiring remain as high as they have been, but with the expectation that Prime, their new video streaming, and kindle fire content sales going up this will help stop the erosion of margins and possibly even reverse that trend. Then a few years from now when cap ex slows down, eps will be huge.