At what point will AMZN be considered a mature company and people look for it to make a profit? Look out below when they do!!! You can bet the Wall Street pumpers will be long gone and Joe and Jane 401k bag holders will be wondering how will they ever retire!
Netflix grows because it has a low monthly price and a lot of licensed content. However, it really doesn't have a plan to make a decent profit. It doesn't own it's own servers (Amazon does the hosting), has very little of its own content so most of what it has can be picked up by anyone else, and has nothing proprietary. So how is such a lofty PE justified for Netflix?