Amazon shares rally 12% after profit returns

Today I mentioned in class that you want to buy from places that do not make money and own stock in companies that do. I have been naysaying Amazon for years. They don’t make money. When they do, it is not much. In this article Amazon is cited with expecting to lose money Q1 2015. However, their stock shot up after just a slight glimmer of a profitable quarter. Go figure.

So, buy Apple stock (they make money) and shop at Amazon. For example, the food based multivitamins I like are $34.99 at Whole Foods. The exact same vitamins on Amazon are $19.

Just some food for thought…

http://www.usatoday.com/story/tech/2015/01/29/amazon-earnings/22532327/

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