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Humble_Increase7503 t1_je62cxj wrote

Think it’s gonna float around these levels for awhile

Amazon hasn’t really popped with the rest of mega cap tech in the past month or so.

And, I think, it’s going to be 1-2 quarters until amazons cost cutting is going to show itself in margins and earnings, which is what I believe investors are waiting for

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Paradox68 OP t1_je638yk wrote

The market is forward looking. If you’re waiting for cost cutting to show up in margins and earnings, you’re already too late.

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Spins13 t1_je6uz7w wrote

Nah. The day a good quarter is announced it will go up 10%. Then 10% or more on the next one. No one without insider knowledge knows the numbers before they show up. It will stay flat until better results and may even dip with S&P.

In 5 years it will be at least 180$. I wouldn’t worry too much about the near future if you are playing the long game

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