$Amazon.com(AMZN)$[Earnings Se

2022-07-30

$Amazon.com(AMZN)$[Earnings Season] Is it a good time to buy?

Amazon shares climbed more than 13% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.

Amazon said it expects to post third-quarter revenue between $125 billion and $130 billion, representing growth of 13% to 17%. Analysts were expecting sales of $126.4 billion, according to Refinitiv.

With the US economy in technical recession, there is a possibility of recession and many analysts predicts in 2023. No doubt that Amazon is a great company. I suggest to accumulate when the price dips. Please DDYD before investing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

YeddaJohnson
2022-07-30
YeddaJohnson
I will buy AMZN in the dip.
- TxChris:
  Same here
fishinglo
2022-07-30
fishinglo
It is a good time to buy AMZN.
JCKL488
2022-07-30
JCKL488
Still a good buy
Pepper08
2022-07-30
Pepper08
In my watchlist [Happy]
叫我發先生
2022-07-30
叫我發先生
Heng heng, pls give me a like
Nanamoney
2022-07-30
Nanamoney
buy bit by bit

Leave a comment

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