Part 4/8:
Amazon: Two years ago, Amazon was trading at $84 per share, and while it has since climbed to around $240, the stock has settled at $200. Although the company is investing heavily in areas like artificial intelligence, Carlson believes these investments would generate substantial returns in the long run and sees Amazon as still relatively cheap.
Apple: Initially priced at $127, Apple's stock now rests around $220. Carlson argues that while Apple has grown, its recent increase in price has made it less attractive for investment compared to past levels. Yet, he acknowledges Apple’s transition from a hardware to a service-oriented business as a value-adding strategy.