Investors who benefit from Amazon hit 1 billion dollars




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(Photo by David Ryder / Getty Images)

Amazon.com Inc. made history Tuesday after becoming the second company to achieve a $ 1 trillion market capitalization after Apple Inc., which reached the landmarks last month, entered the stratosphere.

The shares of the online retail and cloud computing company peaked at $ 2,050.50 per share, closing the day 1.33% to $ 2,039.51. They have won 552% on an unrelenting tear that began in 2015.

The company has provoked strong responses from fund managers, many of whom do not believe it justifies its elevated ratings. At 161.6, the price-earnings ratio of Amazon is the 15th highest in the S & amp; P 500. It also trades at 28.39 times the book value and 4.88 times the sale.

Nonetheless, the Jeff Bezos company was the third most-bought equity fund to manage more than $ 100 million in the United States in the second quarter, according to GuruFocus data. Fewer were ready to let the company go, which finished in 20th place& Nbsp;most sold stock.

Although the shares have become riskier at these levels, more cash routes remain open to the company. It has strengthened its competitive position in online advertising and may see more growth for Amazon Web Services, supermarket and retail pharmacy.

Some investors followed by GuruFocus have adopted a strong positive attitude towards Amazon's ability to jump even higher. The one with the greatest commitment to the company is& Nbsp;Stanley Druckenmiller& Nbsp;(Trade,& Nbsp;Portfolio), the former business partner of& Nbsp;George Soros& Nbsp;(Trade,& Nbsp;Portfolio). Druckenmiller, which usually invests according to macro-economic factors and takes excessive bets on his ideas with the highest persuasiveness, has 12.74% of his listed portfolio in the company.

Druckenmiller began buying in the first quarter of 2017, when the price averaged around $ 833 and continued building the next year until it had 170,853 shares. In the second quarter, he recorded 9.13% of the position at an average price of around $ 1,586 per share.

Stanley "Stan" Druckenmiller, chairman and chief investment officer of Duquesne Family Office LLC. Photographer: David Paul Morris / Bloomberg

"I love Amazon," Druckenmiller told CNBC in December. "This company, which continues to quote everyone, sells for less than three times the sales … the S & amp; P is sold for more than twice the sale, they have learned too little dramatically, I do not think that the price-earnings ratio is the right move – you have to look at the company's long-term profit potential. "

Chase Coleman& Nbsp;(Trade,& Nbsp;Portfolio), which earned much of its fortune on internet shares, has the next largest stake, with 10.59% of its listed portfolio in Amazon. He started buying much earlier, in the second quarter of 2015, when the price averaged $ 417 and shares traded over time. His most recent move consisted of a purchase of 81,000 shares in the first quarter at an average price of $ 1,430.

Coleman loves Amazon so much that he has made it his second-largest position, just under the streaming of music company Spotify Technology SA and another online retailer, JD.com Inc.

Frank Sands, CEO and chief investment officer of Sands Capital Management of $ 32 billion, has weighed 8.48% of his public portfolio in Amazon. The company may also have the biggest profit. It started buying in the third quarter of 2015, when the price averaged around $ 505 and built up the bulk of its position, which reached nearly 2.5 million shares before the price reached $ 800. It has since made small reductions against the price, closing the quarter with 1,742,337 shares. GuruFocus estimates the profits of Sands on Amazon in the neighborhood of 200%.

This article originally appeared HERE.

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(Photo by David Ryder / Getty Images)

Amazon.com Inc. made history Tuesday after becoming the second company to achieve a $ 1 trillion market capitalization after Apple Inc., which reached the landmarks last month, entered the stratosphere.

The shares of the online retail and cloud computing company peaked at $ 2,050.50 per share, closing the day 1.33% to $ 2,039.51. They have won 552% on an unrelenting tear that began in 2015.

The company has provoked strong responses from fund managers, many of whom do not believe it justifies its elevated ratings. At 161.6, the price-earnings ratio of Amazon is the 15th highest in the S & P 500. It also trades at 28.39 times the book value and 4.88 times the sale.

Nonetheless, the Jeff Bezos company was the third most-bought equity fund to manage more than $ 100 million in the United States in the second quarter, according to GuruFocus data. Fewer were ready to let the company go, which finished in 20th place most sold stock.

Although the shares have become riskier at these levels, more cash routes remain open to the company. It has strengthened its competitive position in online advertising and may see more growth for Amazon Web Services, supermarket and retail pharmacy.

Some investors followed by GuruFocus have adopted a strong positive attitude towards Amazon's ability to jump even higher. The one with the greatest commitment to the company is Stanley Druckenmiller (Trade, Portfolio), the former business partner of George Soros (Trade, Portfolio). Druckenmiller, which usually invests according to macro-economic factors and takes excessive bets on his ideas with the highest persuasiveness, has 12.74% of his listed portfolio in the company.

Druckenmiller began buying in the first quarter of 2017, when the price averaged around $ 833 and continued building the next year until it had 170,853 shares. In the second quarter, he recorded 9.13% of the position at an average price of around $ 1,586 per share.

Stanley "Stan" Druckenmiller, chairman and chief investment officer of Duquesne Family Office LLC. Photographer: David Paul Morris / Bloomberg

"I love Amazon," Druckenmiller told CNBC in December. "This company, which keeps quoting everyone, sells for less than three times … the S & P sells more than twice the sales, they have learned too little dramatically, I do not think looking at the price-earnings ratio is the right one you have to look at the company's long-term profit potential. "

Chase Coleman (Trade, Portfolio), which earned much of its fortune on internet shares, has the next largest stake, with 10.59% of its listed portfolio in Amazon. He started buying much earlier, in the second quarter of 2015, when the price averaged $ 417 and shares traded over time. His most recent move consisted of a purchase of 81,000 shares in the first quarter at an average price of $ 1,430.

Coleman loves Amazon so much that he has made it his second-largest position, just under the streaming of music company Spotify Technology SA and another online retailer, JD.com Inc.

Frank Sands, CEO and chief investment officer of Sands Capital Management of $ 32 billion, has weighed 8.48% of his public portfolio in Amazon. The company may also have the biggest profit. It started buying in the third quarter of 2015, when the price averaged around $ 505 and built up the bulk of its position, which reached nearly 2.5 million shares before the price reached $ 800. It has since made small reductions against the price, closing the quarter with 1,742,337 shares. GuruFocus estimates the profits of Sands on Amazon in the neighborhood of 200%.

This article originally appeared HERE.


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