To The Moon

My most viewed stock in 2022 is $Amazon.com(AMZN)$ .Amazon finished the year down a shocking 50% and 55% below the peak levels of July 2021, trading now below the worst of the COVID-19 crisis. There were plenty of good reasons for investors to be spooked and sell Amazon shares in droves last year. Amazon invested heavily in e-commerce and cloud during the pandemic, but it now has to deal with the negative effects of a bloated infrastructure. Labor and energy costs have climbed sharply, dinging Amazon’s margins. In an environment of rising rates and red-hot inflation, growth stocks like Amazon tend to perform particularly poorly. Nonetheless, Amazon at a market cap of only $850 billion will ultimately prove to be a rare buying opportunity.