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It is rare that a stock meets with the approval of three savvy stock pickers. When that happens, the stock is a “no-brainer” buy say experts
Old-school investment gurus have been scathing in their criticism of the sustainability of the e-com business model and of the valuations paid by investors. However, the profits shown by Amazon Inc, the mother of all e-com companies, and the consequent surge in its stock valuation, suggests that the gurus may need to revisit their hypothesis
While other loss-making e-com companies are commanding sky-high valuations, Prof Sanjay Bakshi’s favourite & highly profitable e-com stock has been battered out of shape and is going a-begging owing to short-term concerns. Given that the long-term fundamentals of the stock are intact, this may be the golden opportunity we are craving for
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