I added to my position in Amazon.com, Inc. (AMZN) on 11/15/2019 at $1735.27. It is now our 2nd largest position at this time.
Most of the same reasons for my previous purchases still stand. Based on our own sales on Amazon.com and expectations for this holiday season, I expect the next report to be better than they expected. Of course there are risks to this such as Amazon’s increased re-investment in services, which I’m fine with if it makes the business stronger in the long run.
If the price continues to stay at this price or drops further I may add more to my position.