by winston » Thu Mar 17, 2016 12:46 pm
Blue Chips With Big Cash: #9, Amazon.com, Inc. (AMZN)
Cash & Marketable Securities: ~$20 billion
Amazon.com, Inc. (AMZN) doesn’t just have $20 billion in cash and securities — it also has less than half that ($8.2 billion) in debt.
Jeff Bezos has no problem spending money, and he’s dropping about $3 billion into content.
AMZN also has been slowly taking over the world of cloud computing and I think it should continue to expand in that direction — possibly via acquisitions that make sense.
I also think AMZN is not that far removed from offering some kind of financial services product. It seems to do everything else. Getting into the highly fragmented market of small-business credit would have some synergy.
After all, businesses that get credit can turn around and spend that money at Amazon.
Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"