Amazon'ly long fall or continued bull run?
I'm just spitballing here. At this exact moment I'm unsure about Amazon. Look, Amazon has been on a BULL RUN since late 2001...so for more than 17 years now, Amazon has been an economically stimulating powerhouse for the overall U.S. GDP and could continue to do so for some time to come.
On one hand I can see Amazon continuing this bull run for a while longer; but on the other hand, I can see Amazon losing another 30-50% of its value because it's been on such an extended bull run and it's time to correct and find a price more reflective of its real value [Amazon could play some games and authorize a stock split or any other number of creative revaluation techniques big corporations like Amazon have at their disposal to leverage a loss in earnings per share].....
On one hand I can see Amazon continuing this bull run for a while longer; but on the other hand, I can see Amazon losing another 30-50% of its value because it's been on such an extended bull run and it's time to correct and find a price more reflective of its real value [Amazon could play some games and authorize a stock split or any other number of creative revaluation techniques big corporations like Amazon have at their disposal to leverage a loss in earnings per share].....
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.