On the point of PayPal not being accepted into amazon, does that not make sense? Amazon are trying to sell their credit card and so are ebay? Also paypal can take longer than amazon checkout and amazon are hoping people don't try to chage their order and get charged the most (I've had it where it has taken a really long time to change shipping from one day to free - don't think it's coincidental)... And Ebay have a p/e of 8...
Microsoft is a dinosaur that hasn't had a new idea in decades, if ever. Their heroin (Visual Studio) allows them to hook young lazy developers and their SDKs and DevOps etc isn't horrible... not great but just enough to keep the momentum going. But arguably AWS does a lot of Microsoft-y things (like hosting SQL Server) better than Microsoft. Same with Oracle, another dinosaur that couldn't innovate itself out of a wet Amazon box.
This has fuck all to do with the stock price of course. I doubt that Wall Street bozos know the difference between C# and SQL. They just think that some people like Bezos or Musk can do no wrong.
IBM are pretty similar in this regard too. With microsoft, they lost their innovator as Bill Gates sold most of his stock for other companies and started working on philanthropy instead (or some subset of it).
As for Microsoft, which is definitely also a growth company, is growing significantly slower. But I'd say MSFT is probably a "safer" investment.
Yeah they're all pretty stable at a p/e of 30 and look to have been for a while now although still might be a little inflated.
Robintrack, a third-party website that monitors top stocks on popular trading start-up Robinhood, shows Ford and General Electric as the most bought names on that platform. Aurora Cannabis, Delta Air Lines, Carnival, and GoPro were among the top ten.
Participation in these stocks is up roughly 120% in just the last two months, according to DataTrek. GoPro, a stock which trades at $4, has seen a more than 50% increase in holdings since March 1, while holdings of GE and Ford have roughly doubled.
“The rush of retail investors into U.S. equities is at least partly a function of a world with no casinos, no sports betting to speak of, and little to do outside the home,” DataTrek co-founder Nick Colas said. “The dopamine rush of a full house is the same as holding a hat-sized stock into an up 3% open on the S&P.”
https://www.cnbc.com/2020/05/22/gamblers-pivot-to-stock-trading-during-lockdowns---barstools-portnoy-revives-old-e-trade-account.htmlI recently put some money into RDS (shell) assuming the dutch or british government will bail them out if they make a loss (although bailed out companies take a long time to start to perform again) but I thought they'd be an interesting watch with a few $... The aviation industry is going to see a huge hit from this and I don't think many young airlines have an established strategy that isn't: take a loan to buy the planes, use the passengers to pay staff and interest and take a small profit and pay off the rest of the loan when you sell the plane...
Most aerospace companies have seen a drop by half and I'm still seeing a lot of advice on helping physical scientists get into an aviation career so it potentially isn't too harsh of a problem (but also, the P/E ratio of rolls royce - of whom most profits come from aero engine sales - managed to hit 1.6 which is just incredible! Falling from 1000cents (us) to ~350)
Carnival are eithergoing to do poorly from this or nothing because P&O, when I've been on them, are great at trying to keep an old ship going for as long as possible - meaning their biggest expenditure was probably huge amounts of fuel although maybe this means it hasn't been profitible for a while...
Yeah, I was around way back when, when internet startup stocks were all the rage and I'm sure I could have gotten in early, but I don't think I ever would have predicted Amazon to get to be as dominant as where it is today--even after they stopped selling just books.
The problem with companies like them are that if they have a bad quarter, their stock is going to drop massively. That P/E over 100 isn't entirely rational. It was driven that high by hopes for the future.
There's always the reminder that past growth doesn't account for future growth and it probably isn't going to be wrong in this case... If amazon continue as they did since 2007 then in 13 years, they'll be worth $37 trillion
https://www.macrotrends.net/stocks/charts/AMZN/amazon/market-cap...
A value like that is either unfeasible or would be quite a problem for the US government and the rest of the world to be able to control (I'm fairly sure that's more than the S&P 500 is worth and more than the GDPs of the Big 5 countries, it'd also mean they'd have to match the cumulative GDP of the UK and Germany every year to remain sustainable unless they have a huge p/e still)