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Chris Bloomstran - Taking Principled Stances

The Business Brew

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Amazon's Retail Business Is a Good Idea

Some of that has been the lowering of the corporate tax rate from 35 to 21 %. But it's also a business that has durably been able to crease its profitability, even though they pass all their cost savings right through te price into the customer. I think in a best case scenario, amazon could get to a ten. D if you're goin to do a two percent profit margin, capitalize things the way you would, you'd trade at a third of sales.

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