Abstract: Explain the reasons of buying HK stock Xiaomi (1810, US stock Netflix (NFLX), Paypal (PYPL), Tesla (TSLA) and Meta Platforms (FB) and selling Amazon (AMZN) and American Express (AXP) and share my views.
What I want to share with you today is the transaction I made on February 22. The details are as follows:
- PayPal Holdings Inc (US stock code: PYPL)
- Quantity: 12 shares
- Bought price: US$102.3
- Commission fee: US$0.71
- Meta Platforms Inc (US stock code: FB)
- Quantity: 3 shares
- Bought price: US$203.56
- Commission fee: US$0.36
- Amazon.com Inc (US stock code: AMZN)
- Quantity: 4 shares
- Sold price: US$3027.805
- Commission fee: US$1.45
- American Express Company (US stock code: AXP)
- Quantity: 4 shares
- Sold price: US$194.05
- Commission fee: US$0.35
Reasons for selling Amazon and American Express
After comparing my holdings, I decided to gradually reduce my Amazon holdings and a small amount of American Express, to release my positions to increase the holdings in some companies that I think are more attractive at current prices, and I think these companies are at a rare attractive opportunity, so I intend to grab the opportunity to invest more concentratedly in them for potentitally better returns in the future.
Reasons for buying Xiaomi, Netflix, Meta, Tesla and Paypal
The current prices of Xiaomi, Netflix, Meta and Paypal have fallen to their low valuations in recent years. The market has lost confidence in them, as if they have lost their future growth momentum, but I believe their long-term company development potential is not substantially weakened On the contrary, I am very confident in them, especially since I have always used the products and services of these four companies. As a customer, I am very satisfied. Seeing that the current price has dropped a rare opportunity, I decided to take advantage of the low prices to add their shares.
The share price of Tesla has not dropped much by comparison with the above four companies, and its current valuation isn’t cheap either. But I’m actually very confident in Tesla. I don’t think Tesla can be valued like a general company, otherwise you won’t be able to buy it and hold it for a long time. Tesla’s development strategies are all geared towards making significant changes to human life in the future, including electric vehicles, rechargeable batteries, autonomous driving, artificial intelligence and Tesla Bot robots. Therefore, I think it should be bought on dips and held for a long time, waiting for the company’s future development results.
Comments and sharing
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