BorisBack
2022-01-07

$Amazon.com(AMZN)$ Not sure why anyone would bet against AMZN…they just burned earnings for past few quarters to invest in doubling capacity…the company with the largest e-commerce market share in world needed to scale to double capacity. Not to mention AWS and advertising are growing rapidly and immensely profitable. Definitely time to accumulate more. And for those that have forgotten, Amazon stock price is a stair step performer….flat then jump, flat then jump - typically right after they ease back on heavy investments and blow out earnings - which is close to where we are at.

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