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Benzinga
Benzinga
Business
Adam Eckert

'That's As Cheap As It's Traded In A Long Time': Why This Investor Trimmed Alphabet To Buy Amazon Stock

Farr, Miller & Washington's Michael Farr is shaking up his exposure to mega-cap tech.

What To Know: Farr trimmed his Alphabet Inc (NASDAQ:GOOG) position and used the cash to buy Amazon.com Inc (NASDAQ:AMZN) shares as the stock sits about 35% below where it was trading at the start of the year.

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