Amazon: The Steady Ship

Managing Partner at Tim Knight Organization • May 2, 2024 at 6:54 PM EDT

Amazon: From wild startup days to stable Walmart-like growth. Investors find comfort in its transformation from frenzy to stability.

Amazon pickup & returns building

Image Source: Unsplash

For all of its insanity in the late 1990s, Amazon has turned into a placid, stable, and frankly boring stock. That’s no problem for the bulk of people who are content to hold on to it for growth because there’s no doubt, they’ve metamorphized from a crazy startup to something more closely resembling Walmart.

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