We wrote about AMZN late last year, right before earnings in January. Our thoughts on Amazon (AMZN) have not changed, and we think the earnings report on thursday shows that margin growth is on it's way, which should follow it's staggering revenue growth. We are all about iconic brands that are market leaders, and Amazon (AMZN) sure fits that bill.
We like Amazon (AMZN) to make a march towards $300 by the end of the summer.