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4troglodyte t1_j26hxyo wrote

Reply to comment by Jazman1985 in Is Amazon stock still overvalued? by Investor-Wheezy

What is your investment horizon?

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Jazman1985 t1_j26snip wrote

I'd be willing to hold onto a company long term provided they're performing well. I wouldn't want to hold for more than a year without seeing some positive increase in outlook.

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4troglodyte t1_j26teee wrote

I have only started in AMZN last Thursday after watching it for years…I plan to hold until 2025 barring black swan, Lord willing🙏🏻

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Jazman1985 t1_j26tkby wrote

I wish you luck, I just don't see a way their profits increase substantially from this point.

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4troglodyte t1_j26u3wx wrote

My premiss is that AWS is not adequately valued in the stock price at these levels, leaving the other moving parts out of the near term calculus, AMZN could revisit $160-$170 by 2025 potentially if AWS over performs. Bon chance with your trades in 2023🙏🏻

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