GE ends Immelt era with another earnings beat, stock pullback >>> READ MORE

5 Ambitious Plans From AMZN: Which Will Work?

The e-commerce giant is stirring the pot, but will it drive AMZN stock higher?

      View All  

Amazon Delivery Drones

Amazon DroneLet’s get this straight. Amazon wants to build a fleet of unmanned mini-delivery helicopters toting goods from warehouses, dropping those goods at shoppers’ front doors, whizzing back to Amazon’s fulfillment center, navigating around buildings and dodging power lines and trees the whole time, spooking the neighbor’s dog, with the company praying the whole time that none of the airborne shuttles malfunctions in mid-flight and crashes into a busy freeway? Yeah, bad idea. It’s not going to happen, and that’s a good thing. But, if for some reason the idea wasn’t just some publicity stunt staged to spark some sales in early December, then anyone who owns AMZN stock needs to consider selling their position once that first drone takes off. One bad landing in the wrong place — on someone’s head, perhaps? — poses a huge financial liability for the company … and it would only be a matter of time before such an accident happened.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC