According to CNBC Article on "Net Neutrality" voted on by FCC 3:2 along party lines (Dem. Party appointees voted for it), CNBC says its not good for Amazon. Apparently Amazon was getting higher speed for its Website, by paying part of user's Amazon-Prime Subscription to the Cable Cos. Now that won't be allowed. So AMAZON WEBSITES AND STREAMING WILL SLOW DOWN (CNBC article, per)
don't worry... a WSJ article today says Amazon Prime will double by end of 2020, further says that's a 12% GROWTH RATE FOR AMAZON. [ Problem, BABA is growing 3X as fast. ]
Div. was already cut alot. This stock would do better if the Div. eliminated, and the company used more of its money towards other matters.
Per WSJ Article says Amazon Prime memberships could "Double by 2020" The article assumes including 2015 so 6 years of 12% compound growth. Gee that's less growth than GOOGLE's overall revenues. And Amazon Prime is considered the best part of AMZN. GOOGL at 27 PE, Amazon has no earnings past year, going forward 2015 its estimated at $1.85 by Trefis Research, so the stock is quite BUBBLY.
Geegenjar, congrats. all you made as a Long. I guess from what you wrote above, you decided to lighten up now a bit early. Did you see WALL ST. JOURNAL ARTICLE on AMAZON this morning... its predicting the BEST PART of AMZN: Amazon Prime will grow 15% per year, or double in size the next 5 years by 2020.
Wall St. Journ. Article this morn "Amazon Prime could double membership by 2020". OK, do the math geniuses, that's 15% growth per year. Less growth than GOOGL at 27 PE or Apple both have had 18% sales growth. And if AMAZON PRIME is the fastest growing part of Amazon, what does that say about the rest of AMZN? In any case lets assume a 15% Growth rate for Amazon next 5 years. That equates to a 15 or at most 30 PE Ratio. Forecasted 2015 earnings are $1.85. Be Generous give it a high PE and you have AMZN worth $55.
news came out the prior day on other news services. many US Tech cos. were banbes from Chinese govt. purchases.
So do the math, and analysis, it may be year 2050 or never, before it pays to use Drones instead of Ground Package Delivery. Air shipping is almost never cheaper.
See article on CNN today "Drones cost $28,000 per Arrest" when used by Law Enforcement. OK, lets apply this to Amazon. The FAA ruled 2 weeks ago, that Drones could only be used by Business IF USED IN LINE OF SIGHT by the operator. Therefore Amazon's bald-hair-brained idea of using Drones to deliver packages would be ILLEGAL beyond Amazon's Parking Lot. But even in the future, lets say the technology and systems become safe enough for Amazon to do it as the Police and Military do it, using trained and certified PILOTS to operate the Drones from remote computer video control. The COSTS WILL BE ASTRONOMICAL vs. just paying UPS to ground-deliver a package. Its costing the FBI and Police $28,000 per arrested criminal to use drones and pay for the Pilots operating them remotely and all the maintenance and special facilities the Drone-Pilots work out of on the ground, and repair shops and hangers...etc. IN OTHER WORDS IT MAY NEVER MAKE ECONOMIC SENSE TO DELIVER PACKAGES BY DRONE AIRCRAFT, vs. typical $4 - $12 door to door service by UPS delivery van.
if u were really about to Buy Amazon stock, you would keep quiet about it like whwn W. Buffett buys. Instead you're probably looking to sell, try n hype it up a bit more.
look at 200PE Amazon for alot worse when the Correction comes. Amazon is forecasted by Etrade and Trefis Research to make $1.85 a share for 2015. So even on ProForma Earns. they are at wild bubbly 200 PE. For past year's earnings PE, well Amazon had none, as bald as Bezos head.
Yep, Amazon stock is now reasonably priced, trading at a PE of 1X Revenues Growth per year, just like AAPL or 18 PE. Trading at PE of 1.5x Rev. Growth or 27 PE just like GOOGL. At 1X Revs. Growth or 60 PE just like FaceBook growing revs. at 60% per year. OR IT DOES NOT COMPUTE, since AMAZON HAS NO HISTORY OF EARNINGS AND HOPES TO MAKE $1.85 this year and trades at 200X Earnings??
I posted below the fallacy of your saying if it held at $337.04 today, it was going to Sprint to $383, since the converse is what if it doesn't hold at $337? Well now its BELOW at $336.70. I say all your Chart-Numerology is nonsense. Nonsense unless enough quacks believe it and now panic-sell since $337.04 didn't hold.
OK Bozos its at about $377 right now. You say if it holds at $377 it may sprint to $383. What if it doesn't hold at $377? What about none of your numerology or charting means a thing. I hope you don't now conversely PANIC SELL if it goes below $377. Unless of course if you'd be better off than IF It may plunge next week. The answer is I don't really know. I don't base stock picks or sales on where it goes to short-term. I try and look at LONG-TERM based on fundamental valuations based on multiples of Earnings or multiples of Book Value per share, figuring Long-Term it will get there.
Or other way. Gee I hate the stock market. Going to go back to game of Monkeys Throwing Darts at Stock Pages. NO RISK HERE, right?
Remember, the FAA will only allow people to operate DRONES within line-of-sight from the GROUND. None of these "Fly-by-wire" Drones from internet Video, as the US AirForce does with trained pilots at the Joy-stick remote-controls. But AMAZON wants to not use trained Pilots (too costly) instead their Bong Smoking $9/hr. warehouse employees at controls of Drones remotely 2,000 miles away. THANKYOU FAA FOR DIS-ALLOWING BEZOS "PIE IN SKY" DANGEROUS PLAN.