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> It's fairly easy to see when a company is eating everyone else's lunch. If it's so easy, then everyone would be buying the stock and it would be pushed up. T
by brianpgordon 9y ago
> It's fairly easy to see when a company is eating everyone else's lunch.
If it's so easy, then everyone would be buying the stock and it would be pushed up. Then you're risking buying an overpriced stock that's not going to be able to deliver on the expectations required for it to pay off.
Amazon is clearly eating everyone else's lunch in its domains but then it's trading at over 275 times earnings. It's not remotely obvious that you should buy Amazon stock at that price.
- Danihan 9y agoTesla is a good example of that. Much riskier investment. I've personally invested all my capital into my own ventures at this point, so I haven't really thought much about the next big thing, stock-wise. But, short answer, look around at what products people (or businesses) are addicted to now that they weren't two years ago. Not many people I know are addicted to Teslas. And Amazon was just as addictive two, or even five years ago. So it's well past its prime now (lol).
- charlesdm 9y agoTinder is doing great with millennials. Match Group stock is up 100% YoY.