Amazon (NASDAQ: AMZN), the Internet retail giant, has done much to make “Cyber Monday” a new American holiday with a global reach like “Black Friday” and “Super Bowl Sunday.”

Much of this is owed to the genius of Jeff Bezos, the Chief Executive Officer of Amazon.

This has naturally rewarded the shareholders of Amazon.  The stock price is up for the last week, month, and six months of market action (chart below).  The holiday season this year has been particularly generous to those owning the stock of Amazon as the share price has risen over 15 percent for the month of trading.

Sales and earnings continue to soar for Amazon.

On a quarterly basis, sales growth is more than 20 percent.  Earnings-per-share growth is projected to be nearly 40 percent for the next five years.  That is a tribute to the vision of Bezos in moving Amazon from its beginning as a book reseller to a massive retail giant with operations that span the globe.  He is unafraid to move into markets dominated by titans such as Apple (NASDAQ: AAPL) and Wal-Mart (NYSE: WMT).

That has also resulted in Amazon becoming a richly valued stock.

The forward price-to-earnings ratio for Amazon is just over 380.  It is hardly a value stock.  What Amazon is, and always has been, is a growth stock with the shareholders prospering from the business acumen of Jeff Bezos.

This is shown in that Amazon is actually losing money.

But Wall Street is so confident in the vision and skill set of Bezos that the share price is up about 50 percent over the last two years without a dividend being paid or the company posting much of a profit margin.  Amazon is now trading just under $340, well below its high for the last 52 weeks of $408.06.  The mean analyst target price for Amazon for the next year of market action is $357.30