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I think Amazon the company is going to be fine. Bezos will adjust his business model when the growth slows down. What everybody can agree with is that AMZN st
by Nokinside 9y ago
I think Amazon the company is going to be fine. Bezos will adjust his business model when the growth slows down.
What everybody can agree with is that AMZN stock price is massively overvalued.
Amazon is on low margin retail business. Amazons market cap is 4751B. Assuming 10% ROI and 3% profit margin, Amazon must make $16 trillion in revenue some time in the future.
US retail sales are $5 trillion.
Total retail sales across the globe are $22 trillion.
Amazon runs out of markets before current stock price can be justified.