by winston » Fri Nov 13, 2015 8:30 am
not vested
Large-Cap Stocks to Own: Amazon (AMZN)
While I think selecting Apple (AAPL) is absolutely right for this article and a must-own stock, I’ve written a lot about it lately. So setting that winner aside, I’m going to instead suggest Amazon (AMZN).
For starters, it has about half the market cap of Apple, so it has further to run.
It may also surprise readers that I should choose a company whose net income is all over the place and highly unpredictable.
But net income is not everything when it comes to valuing a company. I place tremendous value on free cash flow, and Amazon has it to the tune of $2 billion each in fiscal year 2013 and 2014.
Amazon already is the greatest retailer in the world, yet I believe it is just getting started. CEO Jeff Bezos is a visionary, and you always put your money with visionaries.
All of Amazon’s experiments are going to lead somewhere.
Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"