AMZN likely to $185

BaronLyly
04-29

$Amazon.com(AMZN)$ AMZN gets 10 year deal with NBA starting 25/26 season. I’ll say one thing every day AMZN makes the news doing something they don’t just sit around. Look at all the data centers they are building across the US and international as well

That's the splash I was projecting the first time I heard about the talks, that AMZN gets NBA before earnings. Superficial investment but we all know culture is above all else, and that's a cultural move. This also gives some advantage for AMZN in Chinese market.

Didn't think AMZN likely to do $200 immediate post-earnings but with this announcement can bring it to $185ish range pre-earnings and decent earnings can take it rest of way.

jon stewart GIFjon stewart GIF

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