What do you think about AMZN stock?

Yup, when AMZN went public in 1997, the IPO was $18/share. If a person had put $5,000 into that stock, 20 years ago, they would be a millionaire today. If only I had known........
 

I have bought and sold Amazon off and on for the past several years. I kind of use it as a hedge to help offset any losses that I may incur when I buy stocks that I am uncertain about. Amazon has been a winner, like Apple and Walmart for the last several years. As far as it hitting $1000.00 a share, I would suggest sure, why not? it doesn't have much farther to climb. I just checked to see what price the analysts have projected and the consensus is for AMZN to reach $1085.00 in the next quarter.

My worry is Apple. They reported missing shipments on their iPhones, so the price did take a hit, although not too drastic that it cannot recover. I bought Apple at $104.00 and was hoping to see it hit $200.00 by year's end, but at this rate, I am doubtful, unless they have something new cooking in the backroom.
 
Kicking myself for not buying any. Living in Seattle, we see on a daily basis how it's taking everything over. Jeff Bazos sure is a futuristic thinker.
 
Buy low sell high regardless of the company.

Don't confuse the company with the stock, sometimes the two act differently. The stock can be manipulated or is owned by reactionary investors over sensitive/cautious to the most minimal news.

Amazon the company is getting too big too fail. I can't believe there haven't been more anti trust suits. Also recent allegations of fraudulent sales
 
I wish Facebook and Apple would follow suit !! Last time I looked at the price of AMZN it was $600+...and I thought THAT was inflated!
 

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