Savvy Trades and Investments

[cliffvb]

Good point on AAL. But even if earnings were fully taxed, they would still only be a PE of maybe 6, which is still very low. My main point was that the market gives some crazy valuations to current favorites like AMZN, with an annualized PE of over 700. AMZN is also facing increasing competition. There is jet.com and also walmart is pushing hard to compete against them with their own online presence.

Btw, do you know when those NOLs run out for AAL? Apparently not next quarter with analysts estimating earnings at $2.69