Amazon.com, Inc. (AMZN)

Simply, they hired 746,000 during the pandemic, and they've announced 18,000 total layoffs earlier this year. So, the layoffs are a blip. Cost-cutting is important for these mega tech stocks. They are moving from products to services, which makes sense. They have room to grow. They had an EPS miss, but beat on revenue last quarter. They need to work on the balance sheet.

Job cuts are coming in their most profitable division to protect margins. This is important. The consumer is weakening and business spending is shrinking. Tech is in a recession (for the past 6 months). Doesn't mean stock prices will decline further.

Doubling down on stock with recent market sell off.
Dominates cloud services. 
Massive investment in distribution unrivaled. 
Very well run business.
Covid-19 demonstrated value of Amazon business.
Great long term investment. 
Company 20% larger today and 60% cheaper. 

Continues to own shares.
Believes company is very strong.
Top Pick on March 17, 2024.
Will continue to hold.

A disappointment, but only over the timeframe. Good, long-term holding. Leader in e-commerce, which comes down to its logistics capabilities. The story going forward is about improving margins and profitability. Cost growth should come under control. Upside from ads and AWS should become larger parts of the business, and are vastly more profitable than the group.

There's been a secular shift from goods to services. A soft guide of deceleration in AWS.

Great company for the long term investor.
Showing signs of recovery.
Would recommend buying on weakness.
Current share price presenting buying opportunity.
Price to growth ratio presenting opportunity. 
Good proxy for A.I. growth.

Ran up with shopping at home, now it's come off. Very sticky, as people have readjusted. Continuing power in the space. Time to buy for a bounce. 70x PE, which is robust, but unreasonable for a tech stock. Over-expanded during Covid, but still considerably more growth to come. He'd buy this before NFLX, DIS, GOOG, or META. No dividend.

Just unfortunate timing. An enduring business. Crown jewel is AWS. Though AMZN retail gets all the headlines, that part's not as profitable. Sit tight.

Owns shares in the company and believes very strong business.
Amazon web services very strong with excellent cash generating capability.
Massive sales that are growing every day.
Good long term hold. 

It still can't get costs under control. AWS, its cloud division has disappointing margins with growth slowing quickly. However its new CEO has signaled that they will get costs under control and if this happens the company could make a fortune. It could earn $4 per share in 2024.

Amazon comes down to how many workers they fire; fire a lot and shares jump, but fire no one then shares go down. E-commerce jumped from 16% to 24% (of all retail sales) during Covid, and is now 22%. Will they tell us how their ad business is doing when they report this week?