Where Will Amazon Be in 5 Years?
Amazon (NASDAQ: AMZN) is a company that continues to attract investor attention as the creative vision of CEO Jeff Bezos drives this retail stock's price to new heights. He has taken Amazon from humble origins as an online bookseller to one of the biggest names in retail. Its more recent foray into cloud computing also made this company both a technology innovator and turned it into a conglomerate.
The company's success has made Amazon an expensive stock. And while Amazon's growth remains elevated, it has not quite matched the rate set in previous years. Slowing earnings growth may not compromise the case for buying Amazon stock, but it does lead to questions about how much of the benefit will accrue to new investors going forward.
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Source Fool.com
