Another Shot

I bought GOOG at the IPO and have owned it since. I simply did not but nearly enough of it. Now I believe all of us who made that mistake will get another shot at buying into GOOG at a reasonable price (that is assuming you have some cash around). I am not suggesting anyone go all in right now, but I have started to buy and will continue to do so over the coming months. I also think that EBAY is a buy at current prices. They have a lot of cash which is something in short supply these days. A recession is likely to be good for their business as people will try to buy and sell used items. I also like the fact that people have been kind of down on the company because of a few lackluster years, but it is still a huge brand. Finally there is AMZN which I would love to own more of. That, however, is a tougher call. It is well off the ridiculous highs from earlier this year, but it is still quite expensive on a P/E basis. And the core of its business is retail with a potentially tough holiday season coming up. So I am on the sidelines but watching for a buying opportunity.

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