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.
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…