MF: $AMZN Set to Soar

Decent look at $AMZN at this moment by Trevor Jennewine of Motley Fool

Outline below, the article is worth a read.

Motley Fool headline: 1 Stock-Split Stock Set to Soar 112% From Its 52-Week Low, According to Wall Street

By Trevor Jennewine - Sep 11, 2022 at 5:08AM…


:pushpin: Forward stock splits can be viewed as bullish signals, as they tend to occur after significant share price appreciation.

:pushpin: Amazon benefits from a strong market position in three high-growth industries.

:pushpin: Amazon stock currently trades at an inexpensive 2.6 times sales.

1. Sub-headline: Amazon is the most popular e-commerce marketplace

2. Sub-headline: Amazon is the innovation leader in cloud computing

3. Sub-headline: Amazon is gaining share in digital advertising

$AMZN daily chart (strong looking UP trendline with a bullish crossover still intact)

$AMZN weekly chart

$AMZN monthly chart


So what is PT going to do? Buying AMZN calls?

Former RB and BL Home Fool, Supernova Portfolio Contributor & Maintenance Fool
He is no fool who gives what he cannot keep to gain what he cannot lose.

“The whole secret of investment is to find places where it’s safe and wise to non-diversify. It’s just that simple. Diversification is for the know-nothing investor; it’s not for the professional.” Charlie Munger

Rob, I’m just re-booting my brain with coffee. Full day of football yesterday as the Gods of many believers intended.

Last week’s standouts:

Kansas City (are these guys scary good?)

Missed other games but will watch them on NFL highlights reels on Amazon, which condenses every game down to 10-15 minutes without any ads.

But as for $AMZN? Yeah, I’ll look at the calls today. Haven’t traded it since that last successful $AMZN call trade a couple of months ago. I like trading calls/puts on $AMZN as there are always some high-volume strikes with large O/I.