Considering selling AMZ to invest in stocks with higher potential to grow. #Help #tech #amazon #stockmarket
It's a dream for many 🙏
I think it'll peak at 3600 by the end of the year. The stock has been relatively stagnant since mid last year.
I suspect it will go downhill from here. Growth will slow in all businesses. Take hint from bezos choosing the right moment to bail
I had exactly the same thoughts
I thought Bezos is leaving to pursue other interests like flying to space.
I own AMZN and would love to see it hit that number but I don't think such a big move is in the near-term future for the company. You're talking a 25% move in less than 6 months. To be honest, if you're looking to get such short-term returns, I would think you'd be looking to buy penny stocks haha. Not that there's anything wrong with that. I personally trade them too. There's definitely more risk involved. However, learning how to trade ( https://pennystocks.com/penny-stocks-trading/ ), first, is very important before jumping into any volatile investment activity. The same thing goes when it comes to day trading or swing trading options. Because of the time decay and gamma, for example, there's a lot to keep tabs on. Look at what has happened with AMC and GME. Sure, many people made money in the short term but those buying at the top are likely down quite a bit right now. Other higher priced stocks that I like right now and own: AAPL, NEE, MKC, TGT, WMT, MSFT
I'd be surprised (but happy)