He must have a crystal ball. I wish I could get one as well when I go to the casino. Nobody knows what the price will be in the short term. However, in the long term, the chances of it being a higher price with healthy returns year on year depends on the value of the company, the business metrics, the competitive positioning and the management amongst other things. Amazon is a long term buy - short term fluctuations are irrelevant to the long term value investor. If you want short term gains - go to the casino.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments