|
Post by The Goose on Nov 7, 2009 10:02:15 GMT -5
This is a story of "bricks and mortar" stores moving to "online". Technology is here to stay. Tech/internet is the best bet on stocks. You think we are done growing on the internet? We are on getting started! Imagine during the industrial revolution, if you had invested in oil. It makes sense to do that right? Look at oil now. Much higher because of growth world wide. It's the same with the internet. The internet is less than 20 years old! Stores and businesses are moving towards the internet. Look at Visa and Mastercard. Why are they doing so well? Because people are switching from paper to plastic. IMAX - switching from regular theaters to big IMAX screens and 3D. Amazon is #1 online store. This sucker will continue to grow. Good to get it now. I see a run up to Black Friday. By the time they report the great shopping they've had on Monday it will be too late.
Remember the dot com/tech bubble bust? Who survived? Apple, Microsoft, IBM, Oracle, Intel, and the only online retailer......AMAZON.COM!!!!
|
|