Amazon.com (NASDAQ:AMZN) bears are clinging to the notion that as more states begin to collect online sales taxes, the e-commerce titan's price advantages relative to traditional bricks-and-mortar retailers will erode, stopping Amazon's tremendous sales growth in its tracks.
While acknowledging that the gap between Amazon's prices and those of traditional retailers will be narrowed as more states collect online taxes, Motley Fool analyst Joe Tenebruso believes that it's important to note that Amazon will still have better prices than most merchants on most items. And in the following video, Joe explains one way that Amazon will actually benefit from this situation.
Incredibly, Amazon recently became a 100-bagger for Fool co-founder and legendary investor David Gardner. Many said achieving those types of returns were impossible. But David Gardner has proved them wrong time, and time, and time again with stock returns like 926%, 2,239%, and 4,371%. And he's ready to do it again. You can uncover his scientific approach to crushing the market and his carefully chosen six picks for ultimate growth instantly, because he's making this premium report free for you today. Click here now for access.
Eric Bleeker, CFA, has no position in any stocks mentioned. Joe Tenebruso manages a Real-Money Portfolio for The Motley Fool and is an analyst on the Fool's Stock Advisor and Supernova premium service teams. You can connect with him on Twitter: @Tier1Investor. Joe has no position in any stocks mentioned.
The Motley Fool recommends and owns shares of Amazon.com and Costco Wholesale. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.