EPS of .40 cents per share vs. 1.42 analyst expectation just reported. Management guiding for .00 EPS next quarter. What a juggernaut. "Death by Amazon" is one of the greatest scam themes pulled on the American public by the financial media in decades. This should be a $150 stock.
Since AMZN just blasted off to a new high, here I am sweating over my assertion (July 28th). So AMZN gets 52cents vs 2cents expected, and we are up $130. Well, four quarters - that makes $2.00, and a PE of 550. At some point the market will realize this is a megacap, and the PE matters. So yes, I am re-affirming my assertion. AMZN was 1020 on July 28th - It will NOT close above 2040 anytime before Jul 28th 2020.
Crow tastes good with a subtle bouillabaisse. No worries, not all of us can make a good call. We gots 2 3/4 years left for this challenge to play out.
A P/E ratio is singularly terrible at valuing AMZN. A 10% higher revenue would be a 10-fold increase in earnings, and bring the ratio into high 30s or low 40s. So the missing price of the puzzle is if it's likely they can show substantial revenue increases and/or modest cost decreases.
Yeah right! A 10% increase in revenue without accompanying increase in costs! The margins are so tight, and the competition so real I don't see such room. If they think squeezing out JCP, TGT, WMT etc means they will have monopoly to increase price, they should think again - it won't happen.
I said 10% higher, not increase. And I'm not saying it's appropriately valued or not. Just offering perspective.
AMZN is going to rock the box, just like MSFT did 25 years ago. Amazon is one of the newest MSFTs. No worries though, we're all long Amazon yes? Hehehe!
Of course, it'll double, as they'll create Amazereum and Bezocoin, which alone is good for, a few trillion, as it'll be a global currency wiping out banks as we know it. Go to, the Amazonian Pharmacy, pay in Bezocoin. Go to Amazonian City Hall to pay for your parking ticket given by your Amazo Cop...pay in Amazereum!lol All joking aside I don't see it doubling as law of large numbers takes hold, government would break it up before then.