Single stocks are not a great idea I realize. This was bought on impulse (a mistake I will not repeat), though there are some points in favor of keeping it. OTOH I'd have no problem selling and buying more PP.
Thoughts?
Amazon stock: keep or sell?
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Amazon stock: keep or sell?
It was good being the party of Robin Hood. Until they morphed into the Sheriff of Nottingham
Re: Amazon stock: keep or sell?
Amazon has not seen the P/E compression of many other stocks in recent years.
I don't fully understand why this hasn't happened to Amazon, though it certainly could at any time.
Amazon is a great company, but the stock could lose half its value and its P/E would still be very high relative to the rest of the market.
I don't fully understand why this hasn't happened to Amazon, though it certainly could at any time.
Amazon is a great company, but the stock could lose half its value and its P/E would still be very high relative to the rest of the market.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Amazon stock: keep or sell?
For my VP, I invest in mostly dividend stocks with PEG less than 1, dividend of over 3%, and payout ratio of less than 70%.
Speaking of Amazon, it does not meet these criteria so I say away from it.
I like dividend stock of at least 3% in dividend yield because it means that I can get an interest or dividend yield of almost 1% every 3 months.
Speaking of Amazon, it does not meet these criteria so I say away from it.
I like dividend stock of at least 3% in dividend yield because it means that I can get an interest or dividend yield of almost 1% every 3 months.
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