1-800-241-9772

January 10, 2019 | David Randall, Reuters

Reuters interviews Bob Bacarella on Amazon: “‘This is such an over-owned company and this gives [some growth managers] an excuse to say ‘Maybe I’ll trim some back because it adds a new question mark’, he said. Bacarella, however, said he is not concerned because even if MacKenzie Bezos liquidated a stake that could be as high as 8 percent, there would be no fundamental reason behind the sale. Any impact would be short-term in nature.”  Read more at Reuters

Following the link to this article will take you out of the Monetta Funds website. The Monetta Funds website is not affiliated with, sponsored by, or endorsed by any 3rd party website. The Monetta Funds are not responsible for, nor can guarantee the accuracy of, information on the third party site.