Amazon.com, Inc. (AMZN), Expedia Inc (EXPE), Zynga Inc (ZNGA): Are These High-Flying Tech Stocks Worth Your Money?

But at this point, it may be helpful to remember that this has been happening for years now. Amazon.com, Inc. (NASDAQ:AMZN)’s most profitable year between 2002 and 2012 was 2010, which represents the only year during that decade in which Amazon turned a net profit greater than $1 billion.

Meanwhile, sales have exploded—from $3.9 billion in 2002 to $61 billion in 2012. And yet, even in 2012, a banner year, Amazon.com, Inc. (NASDAQ:AMZN) lost $39 million.

If Amazon.com, Inc. (NASDAQ:AMZN) were a company by any other name, is it reasonable to ask if the stock would be at $30 per share, and not $300 per share?

I’m concerned that the market is giving far more credit than is due. This is a stock that continues to lose money and has not demonstrated at any point in recent history that it can stay consistently profitable.

In all, these three companies are wildly popular, provide excellent services, and truly revolutionized their respective industries. That being said, on a stand-alone basis none of them is truly appropriate for investment at the valuation multiples they currently hold.

The article Are These High-Flying Tech Stocks Worth Your Money? originally appeared on Fool.com.

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