Bought AMZN @ 3000 yesterday

Hope it goes back ATH

This post was edited by Pharaohmon on Feb 3 2022 09:07pm

Is $fb a buy

you literally have the answer just above your post (its a no)

sold 15% of my AMZN positon

Why?

15% jump on mediocre earnings in this macro environment is the reason for me to start selling.

- PE no longer supports the growth Amazon is seeing in my own opinion
- EBITDA beat was due to Rivian revaluation
- The more I learn about AWS, the more I see that it is an inferior product as no one wants their developers wasting time learning AWS code.

This post was edited by S3th on Feb 4 2022 12:48pm

who would u suggest then for cloud computing

aws has the biggest market share, with almost $18 billion in revenue

apparently azure isn't even a close competition and it's second

Is it really a 15% jump tho? Or just a recovery from being oversold

Stock has been stagnant at these levels for past year+

AWS growing big time

AMZN is overvalued, earnings/revenue growth is slowing, sell the rip.



Priced far lower to earnings than defensive/"""value""" stocks like KO and MCD. They have a few years of cash cow status while they figure out what to do going forward. Buy.

Bought FB today ... fosho