Amazon.com, Inc. (AMZN)

Has added to this. An essential company in the economy. It's had a good run, but is down to a PE worth buying for the long term.

He targets $71.87 or 45% lower. Pays no dividend. Saw a negative signal in the wider market last week.

He has sold a lot of tech to raise his cash to 10%. However, he has added to a few names: Amazon, Apple and Adobe in this current market weakness to put cash to work. He likes Adobe for its AI.  Yes, Amazon is one of the more expensive names out there, but today they announced they will invest in Ai to rival ChatGPT, along overdue move to get more into AI, a step in the right direction. Likes this move. 

With the inverted yield curve and high interest rates, you really have to go to the growth stocks with deep pockets. So many horses in the race, tremendous free cashflow. Hiring 250K in fulfillment just for Christmas. Still likes it despite its great run. His price target is $164.85. The runway just keeps going on for its total addressable market.

They've done well to keep their prices down in an inflationary time even at the expense of some suppliers. With high gas prices, it's cheaper to not drive to a store, but shop at Amazon Prime for free delivery.

It's too cheap now, but far more stable than peers like Alphabet and Apple. It's steady. He believes in it.

Over investment in warehousing starting to recede.
Growing into storage space.
AWS business growing strongly.
Good for long term investor.
Strong franchise.
Excellent management team.

Powerhouse in e-commerce, cloud services, digital streaming, and AI. Expansion into healthcare and logistics unlocks substantial growth and diversifies revenue streams. AWS is scaling quickly, now commanding about 1/3 of market share. High-margin ads should enhance profitability. Amazon Prime customer loyalty. Sees 25%+ EPS growth rate. Breaking out to new highs after a tough year last year. No dividend.

They had to scale up aggressively during Covid, then had to back off and re-structure costs.  E-commerce will continue to grow. The advertising business on the cloud side is skyrocketing which helps them since they know what people are buying.

Poised to have double-digit revenue growth each year for the next 3 years. Jeff Bezos stepping away has been a positive. Purchases like that of Whole Foods likely in the past. Focused on where they can leverage their scale, and it will finally become more of an earnings stock.

Just bought it. Is down 25% from its high, so the PE is reasonable at 40x now. It's a compounder, and AWS's growth was 12% vs. 11% in the prior. They have easy comps. Margins are strong. Retail is accelerating after fixing supply chain problems and lowering operational expenses. Upside is coming.

Annualized returns over 3 years is -6%, or -18%/3 years. They've grown revenue 22% annually, though. Good to buy now.

She owns it in the CDR version. She sees continued pressure on the USD, so she wanted to take that hedge bet. Has done well YTD, so she just took some profits off the table.

It's oversold, and Amazon's retail side has been crushing it. He just added to his holding. Also, Amazon doesn't have to suffer theft as the brick-and-mortars do.

He bought it on weakness last year, but got out of it. Can't dispute their dominance over retail and quick delivery to home. The short-term risk is in AWS, which has been a great grower, but growth is slowing because they face competition from Microsoft and Alphabet. AWS has driven Amazon's growth (retail doesn't). It's too big to ignore, but it's a trade.