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Growth with no profits after 15 years? Amzn should make $5-$10 billion to justify it's $130Billion valuation. They will not gobble the world, Walmart, Costco an
by OGinparadise 14y ago
Growth with no profits after 15 years? Amzn should make $5-$10 billion to justify it's $130Billion valuation. They will not gobble the world, Walmart, Costco and others are not going to roll over on a trillions and trillions of market.
By the way: a Good P/E is probably correlated with cash in bank, a higher buyout /sale price and likelihood of getting some cash back via dividends or share repurchases.