Comments by "" (@mrpmj00) on "Jim Cramer: We're not going to see a taper 'tantrum'" video.
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,,,..,,AMAZON:
Yep, I bought a ton on the dip. It's getting cheaper relative to its current earnings (half compared to last year).
Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock.
...With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.
Amazon is investing so much money, that no competitor will ever be able to catch up.
Amazon's not going anywhere so I know that eventually it will come back.
Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)
Get on board or be runover, it's up to you.
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