A portfolio manager who’s crushed his peers for the last half-decade identifies one stock every long-term investor should own (TROW, ILMN, AMZN, GOOGL)
|01/22/2018||Posted by BusinessMediaguide.Com under General World News||
- Every long-term investor should own Amazon shares, according to David Eiswert, portfolio manager of the $950 million T. Rowe Price Global Stock Fund.
- “A lot of the things that we bet on Amazon five or ten years ago are more apparent to everyone today,” he told Business Insider in an interview.
- One avenue to Amazon’s profitability that’s been overlooked is advertising, he said.
Every long-term investor should own some Amazon shares, according to T. Rowe Price’s David Eiswert.
Eiswert manages the firm’s $950 million Global Stock Fund.
Amazon’s stock, and others picked by his team, has helped read more >>>