Amazon Still Lovable Company With Stock to Hate: David Pauly
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Amazon.com Inc., which has helped change the face of retailing, remains a puzzle for investors.
Do they concentrate on the Seattle-based company’s 28 percent profit increase in 2010, when the global economy was struggling? Or focus on Amazon’s rich shares, up almost 50 percent in the past year to about $175 and now trading at almost 70 times its earnings?