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S&P 500
5,699.94
(
-0.17%
)
US TECH 100
19,261.20
(
-0.09%
)
Dow Jones
42,011.59
(
-0.44%
)
Brent Oil
77.50
(
-0.40%
)
Bitcoin
60,917.11
(
0.27%
)
Post# of 188584
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Longtrader783

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Alias Born 09/25/2009

Longtrader783

Re: None

Monday, 12/21/2009 7:10:32 AM

Monday, December 21, 2009 7:10:32 AM

Post# of 188584
Buy Amazon.com

Buy Amazon.com (AMZN): Fundamentally, this company is doing everything right and is growing their revenues by double digits despite this recession. The valuation is quite rich here, however, the growth rate is also big. I think Online is becoming America's preferred way to shop this holiday season. On the charts, the stock has pulled back to a level thats close to its 50 DMA, I think you can buy it here and the stock goes to $150

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