Mon, 19 Aug 2013
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The Internet giant's network effect, mobile capabilities, and PayPal platform have it positioned for long -term growth, say Morningstar's Matt Coffina and R.J . Hottovy .
As online purchasing becomes the norm among consumers, many retailers are increasing promotional activity and engaging in price wars to drive store traffic, says Morningstar's R.J . Hottovy .
Investors who are bullish on Internet companies--including Amazon , Google, and Facebook--but want to avoid single-stock risk can consider First Trust Dow Jones Internet Index.
Amazon's third-party-selling business and investments for 'supernormal growth' were not well accounted for in the market valuation, says Oakmark manager Bill Nygren.
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