The company was founded by Jeff Bezos. Amazon.com is traded on Nasdaq as NASDAQ:AMZN. The stock forms a component of NASDAQ-100 and S&P 500.
The company runs retail websites and focuses on selection, price, and convenience for its customers. Both B2C and C2C programs are offered. The main market segment is North America, but the International business keeps growing. The company also operates warehouses in Europe, e.g. in the Czech Republic.
Besides retail services Amazon.com also manufactures and sells Kindle devices.
Many investors consider Amazon.com to be a blue chip stock besides the fact that it doesn’t make enough money. The other criticism includes:
- P/Es in the triple digits
- No dividends
- Margins aren't fully maximized
- Very low net profit margin (0.46% in 2013)
Jeff Bezos thinks big-picture and leads the company to long-term profits.