AMZN: Amazon

If you don't know Amazon, you live under a rock. Considering I am an avid Amazon "Prime-er" and order someone about once a week when I am too lazy to go to the store, this is my favorite company. Not to mention they seem to be taking over every aspect of society and are doing a better job at it. I can get a product I need right to my door in two days (or less) and it will satisfy my need for instant gratification. Alright, enough about my love of Amazon as a company. How are they actually doing?? How is their stock performing and should you think about adding it into your portfolio mix?

As of this morning (January 8, 2018)  at 9:40 am this is their stock:

 

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This same stock in 2014 around this time period was $387.60. In the past 4 years they have grown 3.2x. But when does the growth stop? Apparently, not any time soon for Amazon.

As I write this post, I am watching their stock tick up and up and up. While, it will probably have its ebbs and flows, ups and down, this is a strong buy. They are an innovative company with projected Earnings Per Share around 4.32. Earnings per share is Net Income/# of Outstanding Shares. What this means is that for every ONE Share of Amazon stock they are earning $4.32. That is not bad at all. As well, analyst are forecasting 20% growth in the next 5 years.

Downside of Amazon stock: Its freaking expensive. $1242 to buy a share. If you had bought Amazon 4 years ago you would be very happy right now. However, unless you have a large sum of money ready to be invested you won't get much bang for your buck in Amazon. 

My recommendation: BUY. If you can. HOLD. if you have it. and keep holding on to it. 

 

What have I recently purchased on Amazon...

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Chlorophyll

Bought to mix with water and drink "Green Water" as a natural detox

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Mister for Succulents

Use this to mist your succulents and keep them wet

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