Reported about 1 year ago
Investors often track Warren Buffett's investments, and while his stake in Amazon is relatively small at just 0.5% of Berkshire Hathaway's holdings, the e-commerce giant's long-term potential remains promising. With a market share of 38% in U.S. online retail sales and significant investments in logistics, Amazon's growth opportunities, especially in same-day delivery services and the grocery market, could lead to sustained earnings growth. Despite reaching all-time highs, Amazon's shares are considered relatively cheap, with a strong cash flow and a solid history of reinvesting in the business for future expansion.
Source: YAHOO