Creative Destruction

It wasn’t a coincidence or happenstance that one day after I wrote last Friday’s essay about Amazon.com, (AMZN), Investor’s Business Daily, IBD, published a front page article entitled, “The Death of Retail.” Why did that happen? The common thread between VectorVest and IBD is that we publish information for stock investors, and one of the [...]

Flying High

Amazon, AMZN, hit an all-time intraday high of $923.72 per share on Wednesday, April 5, 2017. It became public on May 15, 1997 at $18.00 per share, $1.50 per share after three stock splits. That’s a gain of 61,481% in less than 20 years. What a ride! We can examine this amazing ride by looking [...]

2017-04-07T17:12:16+00:00April 7th, 2017|Categories: VectorVest|Tags: , , , |0 Comments

Henry the Huckster

CNBC reported today that Mr. Henry Blodget, Merrill Lynch & Co.’s Internet stock analyst, was in arbitration regarding his bullish recommendations on InfoSpace. This stock peaked at $138.50 on March 3, 2000 and now trades around $3.75. You may recall that Mr. Blodget, a little known analyst at CIBC Oppenheimer, made his mark, back in [...]

2001-03-02T16:39:59+00:00March 2nd, 2001|Categories: The Views, VectorVest|Tags: , , , , |0 Comments
Go to Top