Technology
Apple
94.56 week change: +1.84 (1.98%)
·
Shares
of Apple Inc. rallied following news that Warren Buffett's Berkshire
Hathaway has purchased a new stake in the technology giant. Apple's stock price
closed Monday's trading session up 4 percent at $94 and helped the broader market to rally.
·
Apple
Inc. had bought a stake in DiDi Chuxing Technology Co. for $1 billion.
Amazon
697.45
week change: +23.5 (3.49%)
·
Amazon.com
Inc. Chief Executive Jeff Bezos on Tuesday promised more retail stores as well
as new services for the company’s Prime unlimited shipping membership.
·
Amazon.com,
Inc. (NASDAQ:AMZN) just lost a big-name shareholder in Ray Dalio’s Bridgewater
Associates.
Alphabet
721.78
week change: -3.4 (-0.47%)
·
Google
said it would soon start selling a device called Home that will answer users’
questions and complete tasks for them, like scheduling appointments, playing
music and sending emails. The device resembles Amazon.com Inc.’s popular Echo
device.
Recommendations
Apple: hold,
even buy more
·
Low P/E
ratio, 10.52
·
Cheap
in this period because of earning release. The market undervalues Apple
·
Still
have competitive advantage, strong management
·
Good
balance sheet, large amount of cash to make investment
Alphabet: hold
·
Monopoly
in search engine field, stable income
·
Constant
innovation, much potential
Alibaba: hold
·
Revenue,
net income, profit margin goes up rapidly in these years.
·
Debt
to assets ratio is low
·
Reasonable
P/E ratio for a tech company: 18.51
·
Solid
management and leadership
·
It
has many products that are dominant in the Chinese market: Taobao, Alipay
·
Still
has growth potential, expand business overseas, India.
Amazon: Sell
·
P/E
ratio is too high: 287.11, market is frenzied over Amazon
·
Low profit
margin for the online retail business
·
It
is hard to say if the firm’s cloud computing arm, “Amazon Web Services” can
bring huge profits, at least for now.
No comments:
Post a Comment