BUY AMZN!!!
$Amazon(AMZN.US$ Amazon's results tend to be amazing, the market often doesn't care, and tech in general faces potentially harsh short-term interest rate headwinds.
But guess what? None of that matters to long-term investors.
Fortunes are made by buying right and holding on. - Tom Phelps
Today I buy what others won't, so tomorrow I earn returns others can't. - Jerry Rice paraphrase
Every earnings season I set Amazon limits to take advantage of any earnings freak outs. Remember that today Amazon is trading at 20.8X cash flow, a ridiculously attractive valuation for a 32% growth company with an AA-rated balance sheet and numerous secular mega-trend growth catalysts that could drive hyper-growth for decades to come.
All these reasons, plus the potential for nearly 300% returns in the next five years, is why Amazon, hands down, is the single best Buffett blue-chip bargain you can buy today.
So if it does crash after earnings? There are just three words to describe the reasonable and prudent choice for long-term investors comfortable with its risk profile.
Buy, Buy, Buy.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Ren Calli : Thank you AMZN for the last 2.5, 10, 20 years.
poorlydrawnmcyt Ren Calli: This stock has gone sideways for the past coupe of years. Why are you thanking Amazon? You blew loads of potential profits.