AMZN stock outlook
I have a good amount of NW in AMZN and with recent news like Amazon living off of grants, losing competitive edge on AI, letting huge amounts of talent go with layoff RTO etc AND now an initiative to charge customers to return. Is it a time to sell?
If you already have a lot, sell some / hold and diversify, you should do all the three :)
PE still at 140. So much farther down to go. AWS growth is slowing and no longer able to subsidize the rest of the nonsense Amazon is involved in.
AWS accounts for like 12% of company revenue, so this isn't true. The biggest contributors of revenue are growing like crazy.
Without AWS 12 percent Amzn is broke, Amzn expenses are out of control. When I started at Amzn there we 270k employees and now there 1.5 mil, they most probably need half that. If they not careful they could go bankrupt.
Let me look into my crystal ball
How many do you have ? All depends on the number
Not really losing edge on AI at all, they didn’t actually let go of very many compared to what they had, RTO isn’t going to bring about some mass quitting from the top, and $1 to return ONLY some items ONLY at certain locations ONLY if they had a closer location. There’s reasons to sell any company, but these aren’t significant
Thanks for clarifying the retune policy.
Should sell. IT sector has already made a top for up coming several years
Any chance they are going to spin off due to slowing growth and activist's nonsense? When AWS gets separated almost every other vertical is loss making.
Amazon’s book value is around $135-$145. Anything beyond that is pure bull market speculation like during Covid.
And where did you get this number from? What’s to say the book value isn’t $100?
How much you got?
Time to buy my friend, to the moon 🌙