- Tech and the impressive growth within the sector play an important role in my well-diversified portfolio.
- Amazon is the world’s most dominant cloud player and is set to become the largest e-commerce retailer on the planet.
- The company enjoys a near-perfect credit rating from S&P.
- Shares of AMZN appear to be trading at a 49% discount to fair value, which could be an appealing margin of safety.
- The world-beating business could 8x the S&P through 2025 and conservatively 6x the index over the next 10 years.
My portfolio is as focused on blue-chip tech stocks as ever. Tech comprises five of my top 10 individual stock holdings and 12% of my total individual stock portfolio by portfolio value weighting. It wasn’t always this way, either.
Besides my largest individual holding of Broadcom (AVGO) and its 3.5% weighting (opened in 2019), my other four top tech holdings were acquired beginning in 2021 and 2022. Since opening a position in Amazon.com Inc. (NASDAQ:AMZN) in April 2022, I have regularly added a half share to a full share each month. That’s how I have built up my position in the stock to a 2.7% weighting. Additionally, I began routinely purchasing Alphabet (GOOGL) in July 2022, bringing that position up to my third largest, with a 2.4% weighting.
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