LogFAQs > #951336471

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Topic	Stock Market General #26
Kenzikan 03/04/21 1:49:05 PM #149:	littlebro07 posted... Is there any point in investing in stocks like Amazon? How much higher can it really go? Not expecting it to crash or anything but its like $3000 a share, could it really go to $10,000 or even higher? You need to look at market cap rather than stock price. Amazon hasn't done a stock split in a while so it's share price is high compared to companies like Apple and Tesla who did splits last year. If Apple never did any splits, it would be over $20,000 per share. Would you be asking the same question about Apple? --- Granblue ID: 9586490(Kenzikan) <cite>Kenzikan posted [p:951336471] in Stock Mark... [t:79328350]...</cite> <quote>littlebro07 posted... </cite> <quote>Is there any point in investing in stocks like Amazon? How much higher can it really go? Not expecting it to crash or anything but its like $3000 a share, could it really go to $10,000 or even higher?</quote> You need to look at market cap rather than stock price. Amazon hasn't done a stock split in a while so it's share price is high compared to companies like Apple and Tesla who did splits last year. If Apple never did any splits, it would be over $20,000 per share. Would you be asking the same question about Apple? --- Granblue ID: 9586490(Kenzikan) </quote> ... Copied to Clipboard!
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