My first trade in 2023 - buy $-To The Moon - Tiger Brokers Online Investing Community

2023-01-06

My first trade in 2023 - buy $Amazon.com(AMZN)$ . I am bullish on this stock

CEO Andy Jassy is focused on streamlining the company's cost structure. Amazon spends a lot of money in areas that aren't profitable, including its international and devices segments. The efficiency focus should usher in strategic changes in those areas, plus cost-cutting in ongoing activities like package delivery.

Amazon also repurchased billions in common stock in 2022, for the first time since 2012. The company has $6 billion remaining on its share repurchase authorization. Continued share buybacks would support higher earnings per share later.

On top of those factors, Amazon's stock price looks cheap right now relative to its history.

Modified in.2023-01-06

2023: Post Your First Trade!

Happy New Year to All Tigers!!! 2022 is miserable for most of us. But new year brings us new attitude and luck. I'd like to invite you to post your very first trade in 2023! ----- [TOPIC] How do your first trade perform? Is it a DCA routine trade or a stock you suddenly decide to buy? How do you feel about your first trade? ----- [REWARDS] Join our topic and win at least 50 tiger coins~

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

Victor Ang
2023-01-06
Victor Ang
Thanks for sharing
andy1967
2023-01-06
andy1967
Ok thanks for sharing.
SGY
2023-01-06
SGY
Ok
Sandyboy
2023-01-06
Sandyboy
Ok
firefirefire
2023-01-06
firefirefire
Good
tauh
2023-01-06
tauh
[Miser]

Leave a comment

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