Abstract: Explain the reasons selling US stock AMD and buying PayPal (PYPL) and share my views.
Transaction detail
What I want to share with you today is the transaction I made on August 4. The details are as follows:
Sold stock
- Advanced Micro Devices Inc (US stock code: AMD)
- Quantity: 21 shares
- Sold price: US$120.4107
- Commission fee: US$0.37
Bought stock
- PayPal Holdings Inc (US stock code: PYPL)
- Quantity: 10 shares
- Bought price: US$271.24
- Commission fee: US$0.35
Reasons for selling AMD
I sold a portion of American Express (US stock code: AXP) two days ago and bought PayPal (US stock code: PYPL). For details, please see this article. In which article I expressed that I would gradually increase the position of PYPL, so selling AMD this time is not that I am not optimistic about AMD. On the contrary, I am very optimistic about AMD’s long-term performance. Selling AMD this time into PYPL is just a normal position adjustment. In addition, AMD has been rising for several days this time and hit a new high again, which has increased the proportion of AMD in my investment portfolio. In order to balance risk and return, it was decided to replace the recent appreciation of AMD’s position with PYPL.
Reasons to buy PYPL
I have briefly described some of my views on PYPL above, and also briefly compared the differences between PayPal and Square Inc (US stock code: SQ), as well as the reason for choosing PayPal. If you are interested, you can check it out here. Of course, it is possibly that I may buy SQ in the future since it is undoubtedly a very good company. I plan to gradually increase the position of PYPL until the positions of four financial sector stocks are similar, including American Express, Visa (US stock code: V), MasterCard (US stock code: MA) and PayPal.
Comments and sharing
If you have any questions, please feel free to leave a message or comment below, I will reply you. Or if you find anything incorrect in the article, please let me know and learn from you. If you find it interesting or it may help you in any sense, please share with other people.
