Amazon Stock Update – Buy Sell Or Hold?

Amazon Stock (AMZN)

On October 17, 2022 I posted a video suggesting that: “Don’t Just Buy From Amazon – Buy Amazon.” At that time, Amazon stock (AMZN) was selling at approximately $107 a share, and based on consensus analyst estimates of operating cash flow, the stock appeared undervalued. However, estimates did deteriorate temporarily, and the stock now trades at approximately $99 a share. Investors are often so focused on price action that they often lose their presence of mind.

Amazon stock
Amazon Stock

Consequently, I’ve been asked to provide an update on Amazon stock which I offer here. One of the most important points I want to make is that a temporary interruption in the great business is often more about opportunity than risk. Stated more directly, the temporary issues currently facing Amazon represent an even better opportunity than when I first published the video – here is the link.

FAST Graphs Analyze Out Loud on Amazon Stock

FAST Graphs Analyze Out Loud Video