AMZN got downgraded by JPM# Stock
p*r
1 楼
Its retail business will have no growth because sales tax advantage is gone.
Many physical stores, such as BestBuy/Target/Walmart/Costco are no longer
have price disadvantage. On the other hand, a lot of smaller online
retailers still have the sales tax advantage, such as newegg, b&h, jr,
buydig, and adorama.
Its media contents business is also facing tough competition. Apple/Google
can make money from hardware devices, and sell books/videos/songs at lower
price. Amazon has to sell its devices at lower price(at cost or below the
cost), and media contents price also has to match those from Apple and
Google.
Only growth area is the cloud computing, but more competition is coming. IBM
just announced it will use the open source infrastructure/API for its cloud
computing. Amazon uses its own proprietary standard, which eventually will
be ended like Apple iOS vs Android game.
Now it's time to short AMZN. Short it whenever it goes above $270
Many physical stores, such as BestBuy/Target/Walmart/Costco are no longer
have price disadvantage. On the other hand, a lot of smaller online
retailers still have the sales tax advantage, such as newegg, b&h, jr,
buydig, and adorama.
Its media contents business is also facing tough competition. Apple/Google
can make money from hardware devices, and sell books/videos/songs at lower
price. Amazon has to sell its devices at lower price(at cost or below the
cost), and media contents price also has to match those from Apple and
Google.
Only growth area is the cloud computing, but more competition is coming. IBM
just announced it will use the open source infrastructure/API for its cloud
computing. Amazon uses its own proprietary standard, which eventually will
be ended like Apple iOS vs Android game.
Now it's time to short AMZN. Short it whenever it goes above $270