AMZN should focus on e-commerce, not expensive video content

Amazon (AMZN) shares have been under pressure in 2014, with AMZN stock down about 20% year-to-date vs. a gain of about 6% for the S&P 500.

The reason for all the downward pressure on Amazon stock is a focus on margins and profits, with AMZN stock holders no longer patient with the e-commerce giant’s plan of building its scale at the the expense of the bottom line.

Recent boondoggles at Amazon include… [Read more on InvestorPlace]