Amazon.com today
As of 04:00 pm
- 52 weeks
- 151.61 dollars
▼
242.52 dollars
- P/E ratio.
- 37.05
- The target price
- $ 253.98
Technology giant Amazon.com Inc Nasdaq: amzn He continues to provide a strong case for being one of the best momentum in the market for this year. The stocks closed just less than 230 dollars on Monday evening after extending 1.4 % of multiple gatherings to the highest fresh levels.
The stock has risen more than 40 % since April, and it is amazing to restore the highest level in February ever.
A large part of this range has been fed through a wide return to the feeling of dangers seen in stocks in recent months, but the Amazon Stellar Q1 report at the beginning of May had an impact. Since the company is due to the release of its latest numbers next week, those of us on the margin are right to ask whether we should be involved before the release, or if it makes sense to wait even after that.
Let’s take two reasons to buy Amazon before the report, and one to wait.
Reason to buy #1. The upward trend is uncompromising
This gathering has barely declined in recent months. Since April, Amazon has been constantly printed its highest level and its highest level, with no significant declines, indicating a strong and consistent demand for the offer. In many ways, the recovery of textbooks was, and although you may expect the conditions to be heated, this is not yet.
Even with the ongoing gathering, the RSI is located in the health of 66, strong, but away from excessive peak, which indicates that there is still room for running before it is cooled or kicks in achieving profits. The bullish trend remains intact, while controlling bulls. It is a strong indication that the market expects the gathering to continue during profits, which makes this attractive preparation for investors who focus on momentum.
Reason to buy #2. Wall Street is noisy and good
Another major reason to consider Amazon before profits is to support the fixed analyst that continues to attract it. This trend has been strong in recent weeks and no signs of slowdown appear, with the continuing bullish comments and the targeted increase.
Only yesterday, July 21, the team In Robert Bird Repeat its superior classification Its target price strengthened to $ 244. This follows last week’s update from Jefferies, which he repeated Buy the classification while raising its goal To $ 265. These moves have echoed those of others such as Morgan Stanley, which appeared earlier this month with one of the most optimistic calls so far: The purpose of the price is $ 300, which means about 30 % up to the current levels.
Given how the results of bilateral profits, the fact that Amazon still attracts great calls such as these days and weeks before you speak its report coming from the Wall Street folders in being good.
Waiting issue
Amazon.com stock forecast today
253.02 dollars
11.12 % upHe buys
Based on 49 analyst classification
| The current price | 227.70 dollars |
|---|---|
| High expectations | 305.00 dollars |
| Average expectations | 253.02 dollars |
| Low expectations | 186.00 dollars |
Amazon.com stock forecast details
Of course, there are no arrow gatherings forever without stopping, and Next week numbers will be a big test Amazon. The last increase prompted the Amazon price rate to profits (P/E) to 37, making it one of the most expensive names in large technology. Compare that with Alphabet Inc.’s Nasdak: Googl 21 or Meta Platforms Inc.’s Nasdak: Definition 27, and you will get a feeling of how the Amazon prepares the rally.
This is exactly where the danger lies. With high expectations, any stumbling, whether in AWS revenues, artificial intelligence suspension, or broader direction, can easily come out some air from the gathering. The pricing of options indicates that investors are preparing for a post -profit step, and history shows that Amazon is not immune to profit reaping after large runs. So, although the upward trend and a sense of classification, depending on your appetite for risks, it may be logical to stop until the uncertainty is removed.
The preparation is upward, but not for bullets
However, Amazon cannot be denied One of the best shares heading in the market now. A mixture of price movement, supporters and basic strength makes it attractive to purchase in profits.
But with the full evaluation now and the high expectations, those of us who tend to capture some stocks in advance should be aware of the danger of anything less than an excellent report.
Before you think about Amazon.com, you will want to hear this.
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