2D·

Sale Amazon

Today I have completely separated myself from my $AMZN (+0,11%) 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 (-2,65%) & $9988 (-0,11%) in eCommerce and with $GOOGL (-1,45%) & $9988 (-0,11%) 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. (-0,21%)

30.09

Amazon

Vendido em US$ 219,77

6 Comentários

Magnus@Jensson

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.

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mvarcox@mvarcox

@Jensson agree, amazon will turn out to he an amazing investment in 5-10 years

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Olli@Olli68

I did that last week. $AMZN and $NFLX, my biggest positions, had to go. 👍

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DividendenAlpaka@DividendenAlpaka

@Olli68 Why Netflix? I'm still convinced of it, even if it has been doing very well recently.

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Olli@Olli68

@DividendenAlpaka Cash built up.

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aminemeskni@Aminmeskini

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

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