th0mastan
2022-11-06
$Amazon.com(AMZN)$Now is the great time to collect fundamentally strong companies at an attractive (auspicious) price ,i.e. 88.88 which you will definitely be thankful many years down the road.


During volatile time like this, stock market isignoring the economic indicators or companies' financial results and trend based on sentiment. No doubt the company is jumping on the bandwagon to freeze hiring and cut cost. There are definitely room for improvement/optimization of its processes (insider info).

The question is whether it will continue to trend lower in the near term. No one would have a clear answer to it, we can manage this risk by sizing the position and enter periodically. Allowing it to compound over the years will help us nagivate the tough times ahead.


@Daily_Discussion (6/11) @TigerStars @CaptainTiger @MillionaireTiger 


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Comments

  • YorkTurner
    2022-11-06
    YorkTurner
    Amazon has the strongest moat in business than any other company in my two cents.
    • th0mastan
      Agree! Each time the company discover new business opportunity, it will invest heavily to build up the moat
  • jeffry09
    2022-11-06
    jeffry09
    AMZN share price has fallen almost 50% over the past year, yet it's P/E ratio remains above 80.
    • th0mastan
      One of the key reason is that $Amazon.com(AMZN)$ has been reinvesting heavily back to the business to reduce the earnings eg building its own logistics fleet. This will reduce the tax and also make it less susceptible to govt regulation due to huge profit (retail is notorious known for maintaining a low margin)
  • stsockli
    2022-11-07
    stsockli
    lowest the price went was about 88.04 🤔
  • YaleBrewster
    2022-11-06
    YaleBrewster
    Amazon is at 52 weeks low! Time to buy?
    • th0mastan
      Now is a good entry if you are starting to open a position
  • MGOH
    2022-11-07
    MGOH
    Ok
  • BCLOW
    2022-11-06
    BCLOW
    K
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