AMZN has only had three, -50% drawdowns ever. From Dec 2021 to Dec 2022 being the 3rd one. You don't get many opportunities to own a company like AMZN at these levels so it would be wise to accumulate shares all day at the current trading range. Not to mention, since 1997, January is the 2nd best month for AMZN shares with an average monthly return of 6.5%.
What's more, a favorable CPI report will absolutely vault AMZN and the rest of the market up even more next week. Let's keep rolling!
$Amazon.com(AMZN)$
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