3Settimana·

Sale Amazon

Today I have completely separated myself from my $AMZN (+1,56%) position today. The reasons for my decision:

○ Disappointing price performance YtD, especially in comparison with other Mag7 stocks

○ Nice price performance of approx. 40% since initial purchase in January 2024

○ No significant AI models and intentions recognizable. Could only become interesting for me again with the advent of humanoid robots

○ Reduction of duplication in the portfolio, as I am working with $MELI (+0,32%) & $9988 (+1,45%) in eCommerce and with $GOOGL (+1,8%) & $9988 (+1,45%) in the cloud sector to other stocks in the portfolio.


I will invest the freed-up capital in Hopfengold at the Oktoberfest in Munich at the weekend. The (hopefully) remaining amount will then flow into the $EQQQ. (+0,87%)

30.09
Amazon logo
Venduto a 219,77 USD
3
9 Commenti

immagine del profilo
3Settimana
I do not think it was a good idea to sell amazon. This company has plenty of growthing opportunties, is still leader in cloud. Logitics provider, plenty opportunities in AI. I am happy to see the quarterly results end of October and will increase my position. You sold one of the best companies in the world at a Forward P/E of 30 - at a very cheap price.
12
immagine del profilo
@Jensson agree, amazon will turn out to he an amazing investment in 5-10 years
1
immagine del profilo
2Settimana
@Jensson still he will have many chances to reenter again
immagine del profilo
2Settimana
@MEMO1993 Of course - for example today! Buy it at -3,6 % and 31 FPE. A bargain. I am buying today!
immagine del profilo
3Settimana
I did that last week. $AMZN and $NFLX, my biggest positions, had to go. 👍
immagine del profilo
@Olli68 Why Netflix? I'm still convinced of it, even if it has been doing very well recently.
immagine del profilo
3Settimana
@DividendenAlpaka Cash built up.
1
immagine del profilo
I actually wanted to invest in Amazon this month. I decided on a different share. I actually think Amazon is undervalued. I looked at a lot of analyses and almost everyone agreed that the stock is undervalued. You just have to take your time. If Amazon stays at this price or even goes down, I will buy next month and I already have 160 shares
immagine del profilo
Absolutely understandable, I personally will keep Amazon. However, I also bought MeLi a few days ago and will continue to expand.
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