Friday, February 3, 2017

Amazon

Jeff Bezos is not talented, he is obsessed. Long term, Amazon will be the first company to reach 1 trillion valuation. Amazon reported its Q4 2016 earnings. Revenue $43 billion and $1,56 EPS. Their outlook for Q1 2017 disappointed the expectations. What the hell does that mean? Who was disappointed? So the shares dropped by 4% the next day (today). Why? Their outlook of 33 billion revenue for Q1 2017 disappointed the analysts? I don't understand. Who are these people? This is one of the greatest companies in the world, led by an obsessed individual who wants to make Amazon the greatest company of all times. I guess if you want free money buy AMZN shares today.

Current market cap of Amazon is $390 billion. The only question is when it will be $1 trillion. I give it 5-10 years. Which translates into 150% return.

Damian



No comments:

Post a Comment

Note: Only a member of this blog may post a comment.