A Long-Term Focus Justifies Amazon's Valuation
by Valuentum
Online retail kingpin Amazon (AMZN) reported strong sales growth during its fourth quarter. Revenue jumped 27% year-over-year to $21.3 billion, slightly below expectations, but still strong. Earnings, as is the norm for Amazon, missed the mark, falling nearly 50% year-over-year to $0.21 per share. read more »
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