We all know that US consists most of the profitable companies in the world.
One of it is definitely Apple.
Do you know Apple make money?
Watch the video below to know how Apple makes money:
- Apple
- Amazon
- Microsoft
As of the time of writing, I have yet to buy Amazon stock yet.
Recently, Amazon stock has been trading lower at USD 1700 to USD 1800. This is lower than the high at >USD 2000.
Studying the historical PE Ratio and PB Ratio, it seems that Amazon is a good buy now.
Revenue and profit for Amazon are doing good. Just that the recent quarters, the operating income and net income is a bit flat.
This is due to Amazon is investing in the 1 day delivery for its eCommerce business.
I believe the stock price will go up again in the near future, maybe in Jan 2020.
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