AMZN $1000 by the New Year?

lovethetrade said:
If they do a split it doesnt mean it hasn't hit that level but understand what you're saying.



How do you know there's downside risk and better investments? AMZN is one of the hottest stocks right now and the type of business Buffet would want to own long term.
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Are you new to stocks or something? :confused:
 
recession2016 said:
Are you new to stocks or something? :confused:
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You called yourself "Recession 2016". Indicates you probably lack good judgement.

AMZN had a huge beat on their last earnings report that suggested they were dynamically changing the retail landscape. They also went from a company that had huge sales with tiny or no earnings for years to the possibility that they've figured out how to monetize their market share and cash in on their advantage. They also are a leader in their industry.

Comparing them to penny stocks or miscellaneous internet stocks in the late 1990s isn't smart. You can argue the P/E is too high, but your arguments so far aren't very good at all.
 
Nine_Ender said:
You called yourself "Recession 2016". Indicates you probably lack good judgement.

AMZN had a huge beat on their last earnings report that suggested they were dynamically changing the retail landscape. They also went from a company that had huge sales with tiny or no earnings for years to the possibility that they've figured out how to monetize their market share and cash in on their advantage. They also are a leader in their industry.

Comparing them to penny stocks or miscellaneous internet stocks in the late 1990s isn't smart. You can argue the P/E is too high, but your arguments so far aren't very good at all.
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And your argument to buy at the peak is better? Lmao
 
recession2016 said:
And your argument to buy at the peak is better? Lmao
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I issued no "buy recommendation", but your posts are misleading and you are ignoring the positives on the company. One confirmed trend the last decade is that internet commerce and internet related businesses are being won by extremely large players ( eg GOOG, FB, AMZN; even MSFT has strengthened again ).

The late 1990s most internet related companies were severely overpriced and most went out of business. They had little or no market share and weren't profitable. What in fact actually happened in the years since is that profits arrived, but mostly for massive global monopolies in certain services. I don't fully understand how GOOG or FB make so much money from seemingly simple things, but they do. AMZN is showing signs of doing the same, but I'd certainly agree with you it's not a fully proven advantage yet. And a P/E of 200+ is a red flag when one is more of a fundamentals investor like myself. I just don't think it's wise to pronounce weakness in AMZN given all these factors and that earnings report, that was one of the biggest beats in recent history.

Shorting AMZN against trend and that last report is pure gamble at this point. Some gambles work out.
 
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Nine_Ender said:
I issued no "buy recommendation", but your posts are misleading and you are ignoring the positives on the company. One confirmed trend the last decade is that internet commerce and internet related businesses are being won by extremely large players ( eg GOOG, FB, AMZN; even MSFT has strengthened again ).

The late 1990s most internet related companies were severely overpriced and most went out of business. They had little or no market share and weren't profitable. What in fact actually happened in the years since is that profits arrived, but mostly for massive global monopolies in certain services. I don't fully understand how GOOG or FB make so much money from seemingly simple things, but they do. AMZN is showing signs of doing the same, but I'd certainly agree with you it's not a fully proven advantage yet. And a P/E of 200+ is a red flag when one is more of a fundamentals investor like myself. I just don't think it's wise to pronounce weakness in AMZN given all these factors and that earnings report, that was one of the biggest beats in recent history.

Shorting AMZN against trend and that last report is pure gamble at this point. Some gambles work out.
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It's a gamble, but so is longing AMZN after this euphoric rally. I wouldn't touch this stock.
 
AMZN is incredibly increasing. The earnings promise to be more than great. I strongly doubt that AMZN will significantly fall this year.
 
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