In my last post, on Amazon (NASDAQ: AMZN), whose stock recently rallied on the back of a positive earnings surprise, I discussed some of the myths circulating to justify the stock's nosebleed valuation (185 times trailing earnings).
The online retailer does not deserve that multiple, and does not have a bright future. Here in Part II, we'll look at some facts about the company and crunch some numbers more »
Trees don't grow to the sky, and neither will Amazon (NASDAQ: AMZN). When a stock is priced for a stratospheric rise, it invites skepticism.
Yet the online retailer’s recent first-quarter earnings of $0.28 per share, combined with revenue growth of 34% over the first quarter of 2011, easily beat analysts’ expectations after Amazon had issued guidance to analysts for a probable loss. The stock soared on the more »