Following my post 21799, ‘Beating the Market’, as promised I have continued to write-up each of the companies in my suggested portfolio.
The second on Amazon can be found here:
It concludes, ‘With revenues that are still only a quarter of Walmart’s and 64% of its retail sales confined to North America, Amazon still has huge growth potential. Existing investors have been richly rewarded, but it is still early days, and investors joining now can expect market beating returns for decades.’
Saul has previously covered Amazon in some depth. Any new readers on the board interested in this stock will find great value in looking back at Saul’s recent portfolio reviews.