No. of Recommendations: 5
"Wall Street forecasts show the combined free cash flow of Amazon, Alphabet, Microsoft, and Meta could drop to around $4 billion in the third quarter. This marks a dip from the quarterly average of $45 billion since the COVID-19 pandemic."
Really? A 92-ish% reduction in FCF? Not reduced *by* $4b, which would be bad enough, but *to* $4b? I think I would run from such a segment.
Bias alert - I own none of them other than via an index, nor would I buy them anyway (a case of I might like the companies but I don't like the numbers), though we do business with Amazon as a publishing platform and have for about 20 years, and I've used them for nearly 30 years for purchases.
