Hated investing ideas are often very fertile places to look. As an investing idea goes from being hated to being loved, the sheer weight of numbers propels your investment higher...
The latest news out of the company is its half-year results release, as well as the details of its upcoming dividend. The Westpac share price had recovered to mid-November levels over the past two weeks, but has been on a losing streak in the last three sessions.
Today, we will be looking at the Amazon share price and its prospects. All five of the FAANG stocks have outperformed the DJIA, with Facebook, and Netflix, the standouts. Amazon has traded much like Alphabet and Apple.
It’s very hard coming up with great ideas at will. Finding and understanding a good business is one thing. Then you have to find out whether the stock is worth the price it trades for.
Stock prices have come down a bit. But I wouldn’t call everything and anything a bargain. So we’re back to the age old investing questions, what should you buy?
Now I’m not the first to tell you about this. If you’ve paid any attention to any news source in the last month, this won’t be an awakening for you. You should have, and should buy the current tech dip..
Amazon generated US$2.5 billion in profits for the quarter, up 1,186%! According to analysts, Amazon could see more than US$13 billion in profits by the end of 2018.