NEW YORK (Reuters) - Amazon.com Inc is generating lots of free cash flow, which it often uses to invest in growing its business, making the e-commerce retailer a good investment, weekly newspaper Barron's said on Jan. 3. The company's shares closed Friday at $1,875, which is 69 times its projected earnings this year, but the price is still sensible when compared to Amazon's free cash flow, according to Barron's.
The post Amazon is generating lots of free-cash flow, time to get on board – Barron’s appeared first on Firstpost.