Replies to post #84231 on Mohacsy's Safe Portfolio Member Forum

[Elroy Jetson]

AMZN does that. The stock was in a long trading range from September 2019 until March when the pandemic hit the news.

Although it's been a long-term holding, perhaps I should take the tax hit and view it now as a trading stock.


I'm also interested to see what happens with two other holdings:

San Diego-based QCOM, the hapless monopoly which owns the 5G business, just as they owned the 4G business. For an absolute monopoly, you'd think they'd be more aggressive with their pricing and make some extraordinary profits, but they've always been quite generous in their licensing terms. An interesting business in that they own no net tangible assets, only IP.

The other is CSCO which in spite of steadily higher earnings, a p/e of only 17 and a respectable dividend, attracts little interest from investors.