FAANG Stocks in Transition Early

Discussion in 'Stock Market' started by william the wie, Jul 26, 2018.

  1. william the wie
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    william the wie Gold Member

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    The expected date for the frantic growth to die for online advertising media was 2020. But Amazon is only partially an advertising media company and Apple is not an advertising company at all. Amazon is facing competition from eBay, Walmart and Target and it is likely to deflate soon.

    So what area of high tech will start exploding next?
     
  2. MarathonMike
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    MarathonMike Platinum Member

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    Twitter got hammered down 20 percent but Amazon just keeps chugging. It looks like the average price target for AMZN is $2100 now!
     
  3. william the wie
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    william the wie Gold Member

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    I wouldn't doubt it but everything from WalMart to Costco is going online and Amazon has to worry about non-US competition such as Ali Baba as well as EU anti-trust regulations.
     

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