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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: SeeksQuality who wrote (19045)8/1/2025 7:44:43 PM
From: Max2.0  Respond to of 22004
 
I tend to agree with you. AMZN had a beat on revenue and EPS and the stock dropped 8.27% today? To me that is an overreaction. I have heard nothing that would suggest there is a problem with the company.

The P/E ratio is a little high but not has high as COST and nobody appears to be dumping COST today. I own some AMZN and I am not selling.

I had similar thoughts about the drop in QCOM yesterday.

I could be missing something here but it appears to be irrational behavior to me.