Here's Why the Best Is Yet to Come for Amazon.com, Inc.

When you look at Amazon.com (NASDAQ: AMZN) as an investment opportunity, the stock often sends mixed messages. Amazon shares don't know how to stop rising, but the e-tailer's earnings are flimsy at best. So Amazon investors end up buying in at sky-high price-to-earnings ratios -- 250 times trailing earnings at the time of this writing.

Against that backdrop, it's easy to conclude that Amazon might be headed for an epic meltdown somewhere down the line. Icarus will eventually fly too close to the sun and come crashing back down to a more reasonable valuation.

But that's not where Amazon is going -- not at all. Let me show you how the company actually stands on firm financial footing and why the best is yet to come for this serial innovator.

Source: Fool.com