Amazon Stock is Expensive But I’m Buying.
Traditional retail stocks are far more expensive than Amazon. Moreover, there is no viable future for these retailers – they simply cannot compete with Amazon. Furthermore, other reason I bought back Amazon shares can be seen here – my new live traders course on technical analysis.
Remind I told you a long time ago, there is no place in the markets for dead business models – invest in leadership and execution.
A professional investor does not invest in corrupt business models as Sears Holdings or Abercrombie & Fitch. A professional investor should consider the long term outlook. Like it or not, there’s not much competition to Amazon Web Services, still if you ask about what AWS to an American more than 85% don’t know the answer.
Is Amazon stock expensive?
Are you long Amazon?
When did you start buying Amazon?
I started buying shares at $77 having at that time the highest target price in the world
What’s Amazon price target?
It is available on the website of the company $845 as an upside
What’s the risk investing in Amazon?
Consult your financial advisor.
Where should I place my trailing stop on my investment position in Amazon?
We address this matter and others including best stock picks to invest in 2017 in my live technical analysis traders’ course.
Which service did you use to issue trade alerts on Amazon?
All of them, we want people to make serious money! It has been the case for 27 long years. SMS live trading gold plan, Trading 101, Live streaming trading, Capital Markets 365, Amazon stock forecast 2017 on VOD, etc
Which other stocks do you recommend to buy to make new highs in 2017?
I shall say there are very good opportunities in 2017 if Trump decides not to destroy it.
I have a small account, how can I know more without spending much?