2 Best Stocks of All Time!

NASDAQ: AMZN | Amazon.com, Inc. News, Ratings, and Charts

AMZN – I bought AMZN and BKNG back in 2001 for phenomenal gains to date. Let’s discuss what they have in common and how that will help us find more big winners in the years ahead.

Today I want to go back in the time machine all the way to 2001 when I purchased the two best stocks of my investing career.

No…my intention is not to brag. Rather, I want to focus on what went right with these investments in the hopes of helping us all find more big winners in the future.

And the 2 Stocks Are…

Amazon bought @ $8.58 for a gain to date of 24,393%.

Priceline (now Booking Holdings) bought @ $14.62 and up 13,160% in total.

It looks so obvious now. But what’s so funny is that back then these stocks were tumbling lower. Especially Amazon which many experts said would NEVER make a profit given the low margin business and competition from others. Oh how wrong they were!

Let’s dig in further to figure out what each has in common.

Most obvious is that it was the early days of the internet and these were two pioneers of ecommerce. So riding a big wave of innovation is certainly are part of the winning equation.

Another similarity is that they were the early leaders in their respective categories. And often that early market share lead tells you who will dominate in the long run with lesser players falling by the wayside.

This is where investing legends like Lynch, Cramer and Buffett agree. Meaning to concentrate your investments in the top industry players because quality and excellence are business advantages that can stay with a firm for many, many years.

Both AMZN and BKNG invested heavily in R&D to keep innovating. Sometimes that led to underwhelming quarterly earnings. But in the long run it kept them a step ahead of the competition. Amazon more so than Booking in this case.

The last point that stands out is that I didn’t buy them at peak valuations. I bought them after a big pullback. This is where growth and value combine to find the best long term winners.

Where to Find the Next Big Winners?

I would like to say it’s easy…but it’s not.

Meaning far too many investors believe that the solution is just to look for stocks enjoying the biggest year over year growth rates. However, academic research clearly shows that these are some of the least profitable stocks.

Why?

Too often the lofty expectations are not met and the stocks implode.

What is required is in-depth research into these growth areas like 5G, Blockchain, Medical Cannabis, Internet of Things, Cancer Drugs etc. And on top of that is a disciplined approach to the stock picking as not to chase overpriced stocks that are the next big losers.

If this approach sounds appealing to you, then you should check out our brand new POWR Trends newsletter.

This is where we blend phenomenal growth with the safety that comes from using the POWR Ratings system. And right now we are offering 3 additional free reports on the top stocks in these exciting growth arenas:

  • Cloud Computing
  • Graphene
  • Millennials

Discover POWR Trends now!

Wishing you a world of investment success!


Steve Reitmeister

…but everyone calls me Reity (pronounced “Righty”)
CEO, Stock News Network

Editor, Reitmeister Total Return

 


AMZN shares were trading at $2,093.19 per share on Friday afternoon, down $59.91 (-2.78%). Year-to-date, AMZN has gained 13.28%, versus a 3.46% rise in the benchmark S&P 500 index during the same period.


About the Author: Steve Reitmeister


Steve is better known to the StockNews audience as “Reity”. Not only is he the CEO of the firm, but he also shares his 40 years of investment experience in the Reitmeister Total Return portfolio. Learn more about Reity’s background, along with links to his most recent articles and stock picks. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
AMZNGet RatingGet RatingGet Rating
Get RatingGet RatingGet Rating

Most Popular Stories on StockNews.com


Should Investors BEWARE this Market?

The S&P 500 (SPY) has been on a tear since November 1st when the Fed started to make their dovish tilt opening the door to future rate cuts. Unfortunately they keep not happening and start date keeps getting pushed further and further out. That has many wondering if stocks are getting ahead of themselves setting things up for a fall. Thus a good time to tune into what investment veteran Steve Reitmeister has to say about the market outlook along with his trading plan and top picks to stay ahead of the pack. Read on below for more...

Top 4 Tech Giants Poised for Explosive Growth

Fueled by the ever-growing demand for advanced technological solutions across various sectors and ongoing innovation, the tech industry has robust growth prospects. Thus, it could be wise to invest in top tech stocks Dropbox (DBX), TTM Technologies (TTMI), Lantronix (LTRX) and AstroNova (ALOT) for potential growth. Continue reading…

3 Top Rated Software Stocks to Streamline Your Investments

The software industry is thriving with soaring demand, presenting ample investment opportunities. So, fundamentally solid software stocks ServiceNow (NOW), Autodesk (ADSK), and Docebo (DCBO) might be ideal buys for promising returns. Read on...

Biotech Investors: Should You Buy, Hold, or Sell Moderna (MRNA) and Arrowhead Pharmaceuticals (ARWR)?

Despite facing several challenges, the biotech sector thrives due to growing demand for effective treatments, consistent innovations, and a sustained demand for high-quality drugs and therapies. Let's assess whether one should Buy, Hold, or Sell biotech stocks Moderna (MRNA) and Arrowhead Pharmaceuticals (ARWR). Keep reading...

Is the Bull Market Growing Tired?

On the one hand it is fun to celebrate the new highs for the S&P 500 (SPY) that came in this Tuesday. On the other hand...it doesn’t make a lot of sense calling into question the next moves for the stock market. Read on below to appreciate investment veteran, Steve Reitmeister’s, market outlook and top picks to outperform.

Read More Stories

More Amazon.com, Inc. (AMZN) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All AMZN News