Josh Brown doubles his Amazon positin, here's why

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  • Опубліковано 3 чер 2024
  • Josh Brown, CEO at Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he doubled his Amazon position.

КОМЕНТАРІ • 76

  • @RebeccaLyles7621
    @RebeccaLyles7621 Місяць тому +185

    I'm thinking of putting some cash in stocks, I was at Salt Shack and I overheard some friends saying it's ripe enough, but Is this a good time to buy stocks? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

    • @RebeccaLyles7621
      @RebeccaLyles7621 Місяць тому

      @MelanieBourg How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @RebeccaLyles7621
      @RebeccaLyles7621 Місяць тому

      @MelanieBourg This is useful information; I copied her full name and pasted it into my browser; her website popped up immediately and her qualifications are excellent; thanks for sharing.

  • @raynoldgrey
    @raynoldgrey 2 місяці тому +228

    I’ve had majority of my holdings in tech stocks and irrespective of market changes, I’ve done pretty well especially with apple’s P/E(price to earnings ratio) gaining over 30% this past decade, now my questions is what stocks do you think will be the next apple in terms of growth for the next decade.

    • @mikeharry96
      @mikeharry96 2 місяці тому +4

      Because Apple has surpassed the competition, it may be difficult to locate the next Apple inside the tech stock industry. It is best to look beyond technology stocks.

    • @danieljackson87
      @danieljackson87 2 місяці тому +3

      Well things are different now, same market strategies applied over last decade wouldn’t apply to the current market, so to actually figure out how to outperform the market and stay afloat for the next decade, you should reach out to a financial advisor, that’s how I’ve managed to properly diversify across the right asset classes and gained over $450k in profit this past couple years.

    • @danieljackson87
      @danieljackson87 2 місяці тому +3

      @dolanjordan Her name is Sharon Ann Meny can't divulge much. Most likely, the internet should have her basic info, you can research if you like.

    • @emilydeep
      @emilydeep 2 місяці тому

      @@danieljackson87 Simply by pasting Sharon’s full name into my browser, her website immediately displayed. You've spared me from doing a lot of tedious research, so thank you.

  • @HenryKatty
    @HenryKatty 2 місяці тому +114

    Great video, The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.

    • @rapp-in1mz
      @rapp-in1mz 2 місяці тому +1

      I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA.

    • @Johnmark-iq4gg
      @Johnmark-iq4gg 2 місяці тому

      Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.

    • @HenryKatty
      @HenryKatty 2 місяці тому

      I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

    • @rapp-in1mz
      @rapp-in1mz 2 місяці тому

      "Angela Lynn Schilling" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.!

    • @HenryKatty
      @HenryKatty 2 місяці тому

      I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip..

  • @mjcruiser4238
    @mjcruiser4238 Місяць тому +5

    We needed water filters for our Frigidaire refrigerator. Called Frigidaire -they do not ship to Hawaii!
    Got them in two days with Prime.

  • @daveycrocker4466
    @daveycrocker4466 2 місяці тому +20

    Is etrade going to drop josh account for this?

  • @Anthony-bh6dd
    @Anthony-bh6dd 2 місяці тому +234

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

    • @MileyHumphrey-ql4jp
      @MileyHumphrey-ql4jp 2 місяці тому

      Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

    • @Thomas-mh6ib
      @Thomas-mh6ib 2 місяці тому

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @Thomas-mh6ib
      @Thomas-mh6ib 2 місяці тому

      Just research the name Angela Lynn Schilling. You’d find necessary details to work with a correspondence to set up an appointment.

  • @natureboy915
    @natureboy915 2 місяці тому +15

    He doubled his position. He had one share and now he has two.

  • @SoDakJason
    @SoDakJason 2 місяці тому +3

    Amazon's move into AI and AWS better pay off, because the user experience for their retail and Prime Video is hot garbage now.

  • @deimos78
    @deimos78 2 місяці тому +2

    If Keith Gill going to be banned from disclosing his GME position then Josh should be banned for disclosing his trade as well! Actually, half of CNBC contributors should be banned too as they have also disclosed their positions.

  • @mescetacy
    @mescetacy 2 місяці тому +1

    If Josh is doubling, then I am adding by 150% AMZN is an awesome company!

  • @656harnish
    @656harnish 2 місяці тому +3

    It is a cheap stock right now and i feel like for the long term it makes sense!

  • @TehDeeBjorn
    @TehDeeBjorn 2 місяці тому +1

    Josh is pumping. All he has to do is post that E-trade account.

  • @Thenobelfan
    @Thenobelfan Місяць тому

    Wasn’t he trimming as Nvidia went to like 700 ….

  • @joesmith3590
    @joesmith3590 2 місяці тому +1

    What show is Stephane never on? Every time she is right she makes it an issue with someone. She is right so rarely it isn’t that much of an issue luckily. Unwatchable if I hear her turn the tv off until the next show.

  • @joehwang6405
    @joehwang6405 2 місяці тому

    buy share $423.28 ( up only 1%), buy share $ 195.27 ( up only 1%), when drop lose more than 1%-2% and lose a lot of money, better money go for business

  • @user-ns3eg1zm9b
    @user-ns3eg1zm9b 2 місяці тому

    AMS24HT will be one of the biggest projects in the future. 2024 will be on fire 🎉

  • @roccodimiccio5199
    @roccodimiccio5199 3 дні тому

    doubles his position at 200 and is now down 30 dollars a share...what a dolt!

  • @B00kman
    @B00kman Місяць тому

    (Spellcheck the title)

  • @sebastianlassus912
    @sebastianlassus912 2 місяці тому

    yeah but roaring kitty kit....zzzzzzzz

  • @kemar07
    @kemar07 2 місяці тому +4

    I thought Josh was a genius. Until he sold NVDA. Now he’s just meh.

  • @shubhamnayak924
    @shubhamnayak924 2 місяці тому

    Do it. AMS24HT already in my bags. I had a AMS24HT after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.

  • @AlexinOslo
    @AlexinOslo 2 місяці тому +1

    Amazon is now a utility like a power company and not a growth engine.

    • @gordonfranklin
      @gordonfranklin 2 місяці тому +1

      No more upside??
      No dividend yet.

    • @JimMcNutty
      @JimMcNutty 2 місяці тому +8

      That’s a ridiculous statement. Amazon has businesses other than shopping…

    • @zachsenyk192
      @zachsenyk192 2 місяці тому +8

      You have no idea what youre talking about.

    • @VOD713
      @VOD713 2 місяці тому

      😂😂😂🤡

    • @frederickgivens1569
      @frederickgivens1569 2 місяці тому

      Are you mentally unable to read earnings?