Current Events > Buy Amazon stock now?

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fan357
11/15/19 11:07:01 AM
#1:


I could see it tripling in five years. I could also see it tanking. I just want a couple shares. Feels risky though.

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KILBOTz
11/15/19 11:08:01 AM
#2:


Could always do some dollar cost averaging. Buy a couple of shares each year.

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Wewillrocku
11/15/19 11:12:46 AM
#3:


i wouldn't.
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Damn_Underscore
11/15/19 11:17:10 AM
#4:


I think Amazon will fail

They are amazing at shipping, but some of the products they sell are questionable. I would never buy an SD card from Amazon for example, or make any new tech purchase tbh.

That shouldn't even be a concern.
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SK8T3R215
11/15/19 11:18:23 AM
#5:


Sounds like you did a good analysis based on your range of outcomes.
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CommonStar
11/15/19 11:19:09 AM
#6:


Buy JC Penney

Retail is doing good and JC Penney is starting to rebuild itself.
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L0Z
11/15/19 11:19:47 AM
#7:


Every company is always gonna fall. Userbases get older and stop using services
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AlephZero
11/15/19 11:23:23 AM
#8:


could go up, could go down
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PIITB415
11/15/19 11:28:11 AM
#9:


L0Z posted...
Every company is always gonna fall. Userbases get older and stop using services


What is another service that is even remotely close Amazon? Alibaba is a garbage Chinese pushed company, eBay is a husk of what it was.
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ArchiePeck
11/15/19 11:30:40 AM
#10:


I'd avoid it directly just now, could take a share price hit when the first Disney+ figures are published as Amazon Prime's streaming service is seen as a major competitor in that market and it's probably losing significant market share.
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RchHomieQuanChi
11/15/19 11:36:59 AM
#11:


ArchiePeck posted...
I'd avoid it directly just now, could take a share price hit when the first Disney+ figures are published as Amazon Prime's streaming service is seen as a major competitor in that market and it's probably losing significant market share.


I don't think Prime will take a big hit based off that alone. The streaming service is really just a bonus feature on top of the main reason people get Prime, which is free 2-day shipping. It should be fine.
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Jagr_68
11/15/19 11:42:49 AM
#12:


Damn_Underscore posted...
I think Amazon will fail

They are amazing at shipping, but some of the products they sell are questionable. I would never buy an SD card from Amazon for example, or make any new tech purchase tbh.

That shouldn't even be a concern.


If the trade wars get uglier, that's really going to damage Amazon's low cost advantage over retailers to such a degree, shipping won't even matter anymore.
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Purely
11/15/19 11:43:42 AM
#13:


Lol its $1747 a share. You can afford that?
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fan357
11/15/19 12:01:48 PM
#14:


Purely posted...
Lol its $1747 a share. You can afford that?


yes

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