I've been playing around with Amazon stock for years.
In and out and then when covid broke loose I opened a position of 100 shares and stayed in till last week where I sold 50 (the day after the earning release).
With the amended P/E still over 100 and the fact that the retail products on Amazon are getting closer to Aliexpress than to Macys, I don't think I'm gonna get back to my position, and keep selling whenever they cross the $140 mark.
Even AWS was reported to be less attractive today than azure and Google cloud.
Why should I belive Amazon is able to reach $2T??
Does anybody have an answer to that?
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