Chart courtesy of StockCharts.com -- http://stockcharts.com
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This is intended for educational purposes only. This should not be construed as a recommendation
to buy or sell any security. The information contained herein is not meant to constitute specific
investment advice. An investor should consult with Don A. Slabaugh (DAS), or his or her own
Don A. Slabaugh, LLC, 4335 Heartwood, Okemos, MI 48864 (517) 337-7804
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Today, in selected accounts, I purchased shares of Amazon.com (NASDAQ: amzn) at
$84.64. Amazon's sales have held up remarkably well during this recession. Its new
Kindle product is being well-received. The consensus projection for average annual
earnings growth over the next 5 years is over 21%. Amazon's price has recovered
from a dramatic sell-off late last year, has fared better than most retailers (most stocks
of any kind, for that matter) during the past year, and is showing strong investor
optimism about the future. For more info on Amazon.com, please click here.
03/25/'11
Today, I purchased Amazon for additional accounts at $171.2494
Today, I purchased Amazon for additional accounts at $234.69