Amazon: 3x In The Next 10 years?

Last week, I went against the flow and established that Google isn't actually cheap despite the huge untapped potential. This week, I am making a case that Amazon is actually the cheapest mega-cap.

Jul 14, 2024

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If you invested in Amazon at the height of the dotcom bubble for a per share price of $113, you would have lost 90% of your capital in the next 2 years.

Just a month after the initial sell off, you would see this cover on Barron’s 👇

The stock would reclaim its dotcom bubble high only in 2009.

Then, you would make 40x your money in just 15 years.

When Amazo…

Amazon: 3x In The Next 10 years?

Last week, I went against the flow and established that Google isn't actually cheap despite the huge untapped potential. This week, I am making a case that Amazon is actually the cheapest mega-cap.

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