Broker Check

February 9th Weekly Stock Update

February 09, 2022
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Amazon (AMZN)

Purchase Price and Date for Model: $2,859.11; 01/21/2022

Dividend: $0

Analyst (12 Month Price Target): $4,150.83 or about a 45% total return

Who is Amazon:, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS)

Why do we own Amazon: Amazon has turned into a staple with household consumer spending and is the clear leader in e-commerce. Their high margin advertising and AWS are growing faster than the corporate average and they have seen incredible revenue momentum year over year since 2017.

The Boeing Company (BA)

Purchase Price and Date for Model: $205.74; 01/21/2022

Dividend: $0

Analyst (12 Month Price Target): $267.00 or about a 30% total return

Who is The Boeing Company: The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide.

Why do we own The Boeing Company: Boeing has a large backlog that covers several years of production for the most popular aircraft, which can present confidence in aggregate demand for aerospace products. They are well-positioned to benefit from emerging market growth in revenue and a robust developed market replacement cycle over the next two decades.

Bank Of America (BAC)

Purchase Price and Date for Model: $44.81; 01/21/2022

Dividend: 1.85%; $0.84

Analyst (12 Month Price Target): $51.72 or about a 17% total return

Who is Bank of America: Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Why do we own Bank of America: With interest rates projected to rise in 2022 we expect banks to become flushed with cash due to the increase in rates. Bank of America has a solid history of paid out quarterly dividends and as we see some sector rotation into finance, we feel Bank of America is a solid company to own going into the new year.

Bunge Limited (BG)

Purchase Price and Date for Model: $94.16; 01/21/2022

Dividend: 2.24%; $2.10

Analyst (12 Month Price Target): $105.25 or about a 14% total return

Who is Bunge Limited: Bunge Limited operates as an agribusiness and food company worldwide.

Why do we own Bunge Limited: Bunge has the largest grain merchandising footprint in South America, which should see increased grain merchandising volumes as Brazil is one of the few places in the world with growing arable land.


The investment return and principal value of an investment will fluctuate so that an investor`s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. This report is provided for informational purposes only and may not reflect all your holdings.

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