AMZN
📉 Amazon shares were caught in the market downdraft, experiencing a notable percentage drop alongside other major tech stocks.
🥇 Despite market volatility, Amazon is highlighted as a core Big Tech holding with significant long-term potential, possibly exceeding even Google’s scale.
🗣️ CEO Andy Jassy’s recent comments were described as super bullish, reinforcing confidence in the company’s trajectory amidst broader economic uncertainty.
@bernardodegarcia:
“Still Amazon, Andy Jassy, I don’t know, I don’t know who he was doing the interview with, if it was CNBC or Bloomberg, I don’t even know what day I’m living in anymore, but he was making some super bullish, super optimistic comments. I mean, I see this American exceptionalism that is here to stay, regardless of the president, regardless of the president, I think this is here to stay. So well, Google seems expensive to us, Meta seems expensive to us, Amazon seems expensive to us, okay? I mean, I’m not going to argue that they are more expensive than other stocks that might be trading at an EBITDA of three or four, but well…”
Watch the exact part of the video where @bernardodegarcia talks about Amazon here:
Watch the video on YouTube
Read more articles featuring the most recent analysis of Amazon (AMZN) at this link: AMZN stock.
