All tech stocks are doing well. Amazon, while its doing well isnt growing like it used to. What do you think is the reason? Where do you think it will be in 2020?
I have the same question, while everything is going up, Amazon either is flat or goes down. Started to think to just sell it and buy something else.
It is exactly the stuff like this you should not do. No stock is going to constantly go up. Best time to accumulate positions in strong companies is when either the stock has taken a beating or it is trending flat.
You're missing below 1800 as an option. The whole market is due for a correction
Well below 1800 lol
Severely overvalued
Papa Bezos is too distracted with his joker face girlfriend
They need to split the stock
They’ll go up 5% if Trump loses election
Not to start a tangent but many large enterprises will lean heavily to Azure because of the easy Office365 and AD integration. Microsoft has been limiting licensing requirements to disallow Office and Windows VMs on other Cloud infrastructures. This is a problem we are working through on my team. There are anti-trust issues here.
Back in 1999 I was saying Amazon was absurdly overvalued and there was no easy I would invest in it. (I was saying that even back to '95). Speculation kept driving it up until the tech bubble burst. So it was, what, 12 yrs before it got back to that level? We are in another tech bubble folks. Whoa to all of us whose compensation is so heavily tied to stock. I was with Lucent Technologies when we went from $11 (adj.) up to $86. I got out at $53 when I quit. Not long after, it dropped below $1. My close co-worker put all his 401k in it despite my pleas to him not to :(. I will be selling each lot as soon as it vests. I took a big drop in base from prior company and hope the bubble can last a few more years at least. Amazon will weather the next crash but it will take a long time to make it back up. You will get shares to cover the drop and will be rewarded if you don't get laid off and stick it out all those years to the next boom.
Microsoft azure is limiting amazon aws’s growth. That is amazons cash cow.
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Why do you think so?