$Amazon.com(AMZN)$
Can we ride the wave?[lovely]
Amazon is a leading online retailer and one of the highest grossing e-commerce aggregator.
Fundamental analysis
-net income from (-)3844 to (-)2028
-total debt to equity ratio 0.94
-EPS from (-)0.378 to (-)0.2
Technical analysis
- price dropped below ema 200 since April 2022
-price crossed above ema 20 and 30 for about 1 week
-approaching ema200
Things to consider
-does the fundamental remain solid?[Smug]
- with 2 earning report consecutively missed the expectations, price still hiking up[Tongue]
- can it cross above ema200?
- still undervalue ~20%
So is it a buy?[NosePick]
@Daily_Discussion
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