DC Godlike
2023-04-14
ok//@koolgal:

🌟🌟🌟Earnings Season is an exciting time for investors as stock prices are volatile.  Stocks tend to rise after reporting earnings.  So a good strategy of buying calls on stocks set to report, tends to work well.  Investors reduce their stock positions ahead of earnings report to minimise their risk and reinvest in the stock when uncertainty of the earnings report is removed. 

I am bullish on$Amazon.com(AMZN)$ 

Its share price is up 4.6% today but down 32% in 1 year.  Amazon has just announced today that it plans to join in the AI race with technology aimed at cloud customers as well as a marketplace for AI tools from other companies. 

Amazon has cut 27,000 jobs since November 2022 to be more nimble to meet challenges ahead.  It will continue to grow exponentially in the future as it moves ahead with global expansion in its online business, cloud computing, healthcare, Digital streaming and AI. 

Amazon is set to report its 1st quarter earnings on 27 April.   

@TigerEvents  



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