Why I Love Amazon.com but Won’t Buy Its Stock
The Internet giant’s ingenious Amazon Prime service builds brand loyalty but not enough profits to justify the company’s sky-high valuation.
Vitaliy Katsenelson
February 12, 2014
Items to be shipped are stacked at the Amazon.com Inc. fulfillment center in Phoenix, Arizona, U.S. on, Sunday, Dec. 1, 2013. More than 131 million consumers are expected to shop Cyber Monday events, up from 129 million last year, according to the National Retail Federation. Photographer: David Paul Morris/Bloomberg
David Paul Morris/Bloomberg
