Amazon is by far the best mega cap stock to own right now.
- It trades at 14x NTM EV/EBITDA
- Huge AWS growth with operating income up 77% YoY
- Ad business is set to become a trillion dollar business
Very bullish on $AMZN
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Amazon Missed: Time to Bottom or Sell?
Amazon shares slide on revenue miss, disappointing guidance for third quarter.
Amazon reported weaker-than-expected revenue for the second quarter and issued a disappointing forecast for the current period.
Amazon’s cloud business exceeded analyst estimates, but it’s advertising unit came up short.
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