Have a great Wednesday, I re-bought $AMZN at the beginning of August and am considering setting up an order on DCA, I believe it is one of the top companies long term. How do you feel about $AMZN?
Amazon
AMZNMarket Cap
1.8T
P/E
30.23
Div. Yield
0.00%
EV
1.9T
P/S
2.84
Payout
0.00%
I've been thinking about that, too. I'll take a closer look at this company, but in the long run I probably wouldn't be afraid to buy at the current price.
In the long run, Amazon is probably a pretty safe bet... just like Microsoft, Apple, etc.. :)
I don't believe I could significantly beat the index with it at this price, so nothing for me. Otherwise, though, I would think Amazon would be comfortable letting me buy in regularly.
I see Amazon in a similar way, a giant that still has something to offer and I trust it for the future.