Amazon.com, Inc. (AMZN-Q)

It trades cheaper than Apple, but shares are up only 1.9% in the last quarter, so expectations are very low due to worries over profits and higher costs. But AWS and ads will be great when they next report; these are high-margin businesses at 33% and 50%. If shares stay flat, she may add to her holding. Progress may not show up this quarter, though.

There were concerns over weak retail numbers, but AWS some re-acceleration, this profit centre. There's upside to come, though there's a slight concern with Walmart taking market share in retail. Amazon has many levers to pull, like ads.

Parts are great. AWS, for example, is phenomenal and the leader, makes lion's share of the profits. AI is a growth driver for that. All the stuff we see as retail customers doesn't make much $$. Deals on web hosting and data centres are the cash cows. 

Great business, very well run. Would not buy ahead of earnings, wait. A selloff on a miss would be a great opportunity to buy for the long term.

Still likes it. Valuation still pretty decent, under 1x PEG. Gorilla in e-commerce, enjoys scale unlike any other. Shifting to higher-margin segments like advertising and cloud. Consumers might shift down to necessities, so e-commerce margins might be lower over the holiday season. Prime memberships continue to grow. 30-35% earnings growth projections over next few years. Good value.

It's recovered since delivering their bad quarter and then some. He wouldn't sell if it's up. Amazon is spending a lot on many initiatives. Yes, they face headwinds, but Amazon comes back every time (i.e. Amazon's cloud business). The stock seems to be headed lower, but he's confident it will bounce back again.

She bought it around 15x PE, not at 35.43x forward PE (Apple is 31.09x). This wins in so many ways. After gaining so much, the stock is pausing and that's fine. Retail margins and AWS are expanding. Great free cash flow and are investing a lot in AI.

She bought it around 15x PE, not at 35.43x forward PE (Apple is 31.09x). This wins in so many ways. After gaining so much, the stock is pausing and that's fine. Retail margins and AWS are expanding. Great free cash flow and are investing a lot in AI.

A stock matters, but purchase price matters as well. So you need to understand both entry and exit levels. Moving sideways, consolidating, though earnings have increased exponentially since Covid peak. Multiple's going lower. As markets continue to run, this one will catch up.

Goes through cyclical episodes of 4-5 years where it's dead money. A more mature company, not the rip-roaring growth of years past. Tighter range of expectations, but that's not a bad thing.

Constructive, a buy today. Long-term investment. More durable and higher growth than COST and WMT. Best of the big 3 retailers. E-commerce retail has a lot of legs. In a great position to fight off competition in so many ways from the likes of, say, SHOP.

Is second only to Meta in momentum among the Mag 7. Is primed to play catch up to the rest of the Mag 7 after underperforming them over the last 3-4 years.

AWS has real growth potential. Ad revenue up ~20%, AWS and cloud services up ~19% last quarter. Prime subscription prices increased again. Firing on all cylinders. Capital expenditures on employees is a long-term positive, you want to invest in your workers. No dividend.

Still likes it. Still undisputed leader in e-commerce and enjoys that scale like no other online retailer. High-margin ad segment continues to drive revenue. AWS cloud segment continues to grow. Prime membership continues strong. Chart couldn't be better with higher highs and lows, 200-day MA trending higher, and stock price above that.

Will be dominant for a long time. Got stopped out of this one. It's in the Mag 7 cohort, challenges of over-ownership that need to be worked off. Not one of the top RSI names. Great business, he'll watch for better spots.

His 3 big holdings are DOL, WMT and COST.

On April 29, 2022, Amazon lost $206 billion in market cap and has since rallied 39%, beating the S&P's 33%.

Excellent business, and would recommend investing - even today. Very strong tech in A.I., eCommerce and web services. Strong management team with excellent brand value. Fulfillment centers are starting to turn profitable. Expecting higher earnings going forward. Would recommend holding for the long term.