1. Amazon's apparel sales at $16 billion are more than combined 'online' sales of GAP, Macy's, Nordstrom, Khol's and L Brands (Victoria Secret's parent).
2. According to Morgan Stanley, Amazon is now second to Walmart's apparel market share.
3. The retail sector in the US turned out to be an under-performer over the last 20 months. The sector gave negative returns, -8%. Amazon during the same period gave a returns of 170%.
Your note: It pays to spread your bets across the index companies. All along you though Amazon was expensive, yet for almost 4 years Amazon has been outperforming.
http://dailyreckoning.com/pocket-203596-60-seconds/?curator=alphaideas&utm_source=alphaideas
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