5 Best Performing Stocks In My Portfolio
Nobodies perfect, but every once in a while you make a trade that makes you look genius. Above are the top 5 performing stock in my portfolio and I’ll go into some in depth detail on why I bought these stocks and where/when everything went right.
- $AMZN (Amazon)
Amazon, by far my biggest nominal winner. Buying Amazon shares is actually one of the reasons I got into investing. This was before AWS, and Wall Street hated that Amazon had practically no profit and instead reinvested everything in R&D. I always thought they were missing the growth potential of the stock. Since while Amazon is 40% of online retail sales, they are only 4% of all U.S retail sales. The internet retail market is still growing and I believe Amazon has the most potential to keep grabbing a bigger and bigger piece of that pie. Additionally Amazon is heavily investing in new revenue streams, like AWS, Alexa, smart home devices and I think they are best poised to keep increasing their potential revenue streams.
I bought my first shares in early 2016 at around $700 and then immediately saw them drop to around $400 a couple weeks later. For those that remember Wall Street was scared stiff of…
