Friday, August 18, 2017

Amazon Is REALLY Crushing The Competition

Since Amazon(AMZN) went public back on May 15, 1997 it's been one of the most talked about companies nearly everywhere. It's also been surprisingly one of the most successful despite just recently posting quarterly profits.  It's one of those rare instances when traditional valuation metrics cause many investors to miss out on big gains.Even the Oracle of Omaha, Warren Buffet, has mentioned how he missed out big time with Amazon for Berkshire Hathaway(BRK.A) investors.



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Even more mind-boggling is how strong the company's stock performance has been. Since it's IPO the stock is up over 48,851%, and that's with a $100 point drop in the stock the last few weeks. In other words $10k invested at it's IPO price would have turned into $4,885,100.  That'd be enough to throw you right into the top 5% pretty much for life.  



Amazons performance even makes Wal-Marts(WMT) respectable 603% gain during that time period look dismal, and it barely shows up as a blip on the chart.  Meanwhile Macy's(M), and JC Penney(JCP) shareholders which have been struggling mightily to compete the last few years have seen barely any, or in the case of JCP shareholders a complete destruction of their capital.



You never know when disruption is right around the corner.

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