Comments by "" (@mrpmj00) on "Transitory vs. new normal: The state of inflation" video.

  1. ,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) buying via Amazon Smile donations donates some money to my favorite charity too! Get on board or be runover, it's up to you.
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  2.  @TheWhitefucks  Ah, but that's not what happened with Amazon. Amazon's price is roughly the same and profit doubled, causing the P/E to be halved.. Ta-da!
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