/biz/ - Business and Finance

Because it's a blue chip, or at least seen as such. However much I dislike Amazon (and eBay) I often find need of their services.

Investors must figure that the business's low to non-extant profit margin is temporary, and that in time Amazon the internet fixture will be milked more effectively; recall that they're behind that bizarre High Castle series. I just looked it up, and Q'4 2015 is expected to be more profitable.

I'm not buying AMZN either due to lack of a dividend, the price, and the corporation's political liberalism.

We need a proper stock/fund pick thread!

>>871

There are many other blue-chips on the market though, including tech and even e-commerce. And they're far less overpriced (at least not with an almost 1000 PE).

Just think about it, if 15-20 is a "normal" PE for the market that all companies eventually converge to, then AMZN will have to grow their profits 50 times for the $50 share price to become justified. Ie unless AMZN can manage to post 50x higher profit next season, SP500 is a better investment.

It's already a huge company, it's arguably the biggest e-shopping site there is. To expect them to grow profits 50x is ridiculous… The only way they can start making that much money is if they pump and dump their own stock, lol. There's no way this will deliver on expectations, the price is all bubblefags thinking trees grow to the moon.

I'm pretty convinced that the market is all set for a very hard crash, especially in tech/biotech, and AMZN is probably going to be the Hindenburg. Hell I'd go and short a ton of it right now, but who knows how long these idiots will herpaderp before gravity brings them back to Earth.

>We need a proper stock/fund pick thread!

Well, you know what they say about stock picks… But I'll share my current holdings:

>AAPL because low PE

>VLO because low PE, good stock, and could do very well if/when oil comes back up

>WFC because low PE and very solid history

>LEA and GCO because

>a few index ETFs

Can post more details on my logic if anyone is interested.

>>874

>market due for a crash

yeah. i'm young and wanted to get into investing.. think i'll sit this out another few years. I was in 10th grade during '08, sadly I wasn't cognizant of the markets then but after all the research I've done it seems the fundamental problems that led to that correction (technically it was a credit freeze) are still around, in fact they're worse thanks to central banks printing interest-free loans.

Get this, apparently %50, HALF of the volume on US equities are generated by high-frequency trading. Source: http://capmktsreg.org/app/uploads/2014/12/2014-12-29.CCMR-What-Is-High-Frequency-Trading.pdf

>The impact of “high frequency trading” or “HFT” on U.S. equity markets has generated significant attention in recent years and increasingly in the last few months. Although HFT strategies now execute approximately 50% of the volume in U.S.-listed equities, there is still a limited understanding of how these strategies work in practice.

So yeah I'm gonna stay out of that hornets nest and buy hard assets instead. If I could get a fixed-rate mortgage, I would. Instead I'm just buying silver and hoping the gov't doesn't confiscate it. Waiting to buy more Bitcoin.

The video I posted here >>733 helped me build a stronger opinion about what's going on currently.

It's the holiday season. People are going to be busy buying gifts. I wouldn't be surprised it it drops afterwards.