Shares Amazon.com (Symbol AMZN) and Google pro letter (GOOGL) is $ 1,000 of their race neck and neck. The world’s largest e-commerce company’s stock is trading at $ 952.82, while the world’s largest search engine, start at $ 956.71. This is an interesting game to see, but it’s really just a distraction.
What really matters is whether or not these names look very good long distance.
These two techniques has been the backbone of the fire grew 27.1% in 2017, Amazon shares up for the year to date, and letters have been received by 20.7%. How good or what? Standard & Poor’s 500-stock index, a benchmark for US stock market performance, has risen 7.1% in 2017. In fact, Amazon and letters, so far, with fellow TEchnology heavyweight Apple (AAPL), all contribute together to promote tech-highest level in history Nasdaq Composite index this year. Potential (all prices and earnings for the May 9)
Huge profits is a key reason why investors will continue to inject funds Amazon and letters to soar even higher in the price of the stock. Currently, analysts expect collective income increased by 10% in 2017, according to data from FactSet for S & P 500 index. In 2018, the S & P 500 is forecast to deliver 12% earnings growth.
Appearance Amazon and letters to make such simple almost desired. Amazon is expected to see an amazing 71%, 40% this year, earnings growth next year, according to Zacks survey. Letters set to 25% of this year’s revenue growth of 18% next year. Posts e are large companies such as Amazon and letters, which were $ 455 billion and $ 653 billion, up rapid growth in market capitalization. No wonder investors are very excited.
It looks like the two companies can keep for some time. Online retail sales and corporate customers with cloud-based services: Amazon’s profit growth mainly by its two main industry. None other than billionaire investor Warren Buffett is in awe and CEO Jeff BezosHe made the ability to grow in different sectors such as the Amazon thrive at the same time. “I’ve never seen a man almost simultaneously in the two companies are the real customers, all the operations quite successful differences,” Buffett told CNBC interview a few days ago.
Letters are not slack, growing like crazy for mobile devices thanks to digital advertising. The company also has a large and growing cloud computing business, to compete with Amazon.
So, who gets the first $ 1000 share? When trying to predict short-term price movements, the valuation is not much help. It looks too distant future who one day-to-day basis the stock price movement of traders.
About which stocks led by short-term speculation that some investors rely on so-called technical analysis, stock prices and trading volume of its focus on the class far more than business fundamentals. For what it’s worth on the basis of reading power technology stock prices, Amazon’s stock has a little than getting $ 1,000 letters stock fir opportunities tons.
Amazon also has its scheduled May 23, allowing investors to cheer, and attract more attention Stock Conference. Annual meeting of the letters will not be held until June 7
Final, $ 1,000 a share crown small count. Their short-term profit forecasts and long-term prospects for their respective business, Amazon and letters look like the long distance between the big bet. Yes, be patient, to buy bargain-hunting considering the current high price, but be sure to buy these names if the rapid growth of technology stocks in place in your portfolio.
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