Read between the lines in the PR release and there's still a lot to act on in the areas of smart TVs, smart homes, and streaming services - that's how to play AMZN.
The stock's current run is on top of another run.
It would be nice to think that perhaps Boeing might be on the right track, but we might be talking about trying to steer an iceberg here.
It has been portfolio cleanup time, which means saying goodbye to some stocks and hello to others.
But there are other reasons why waiting to enter the stock makes sense.
The 22 stocks in the Double Net Value Portfolio collectively outperformed the value components of the Russell 2000 and Russell Micro indices.
By launching a low-cost Xbox, Microsoft could grow the number of Xbox users it can monetize via game sales and an expanding array of services. AMD could also benefit.
Traders must guard against a squeeze in case the latest utterance on a potential trade agreement happens to be true.
There's still some value to be found in the sector. But a lot of the easy money has definitely been made.
Let's take a look at the charts.