Written by Summary Amazon’s stock is up +16% year-to-date despite losing ~12% since releasing its Q4 earnings report in early February. In this note, we will review Amazon’s latest quarter and try to figure out if the stock is a good buying opportunity during this pullback. Spoiler Alert: I rate Amazon a "Strong Buy" at $100, with a strong preference for staggered accumulation. Read on to find out why! This idea was discussed in more depth with members of my private investing community, The Quantamental Investor. Learn More » ipuwadol/iStock via Getty Images Introduction Amazon (NASDAQ: AMZN ) and its big tech peers seem to have regained leadership of the market in 2023; however, Q4 results signal big trouble ahead for this pack as rich valuations face up against a massive growth slowdown and a vicious margin contraction. Traditionally, technology companies (not stocks) have shown secular growth, i.e., less vulnerability to economic cycles. However, unlike 2007-08, technology is now ubiquitous, and big tech giants are severely exposed to economic cycles, as evidenced by the ongoing growth slowdown and earnings recession seen in their Q3 and now Q4 reports: Q3 Y/Y Revenue Growth (%) Q4 Y/Y Revenue Growth (%) Q3 […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
