In this video, I will discuss why I sold my shares of Shopify (NYSE: SHOP) and bought more shares of Amazon (NASDAQ: AMZN). Both companies will do well in the future but in the current macroeconomic environment, it makes more sense for me to go with Amazon...
Continue ReadingAmazon has struggled over recent quarters. However, the challenges are near-term in nature. Read more here...
Continue ReadingLet's see why Peloton lost its balance, how it's trying to fix its business, and if it's a viable turnaround play for 2023. Back in fiscal 2020 (which ended in June 2020), Peloton's revenue doubled to $1.83 billion, its gross margin rose 4 percentage points to 46%, and its net loss narrowed from $196 million to $72 million. In fiscal 2021, its revenue soared 120% to $4.02 billion, but its gross margin dipped to 36% as its net loss widened to $189 million...
Continue ReadingThe average brokerage recommendation (ABR) for Amazon (AMZN) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?...
Continue ReadingIt's finally 2023 -- an end to a horrific year for Amazon (NASDAQ: AMZN), which saw its share price collapse by 50% in 2022. What went wrong for Amazon in 2022? Further challenges like inflation also hurt its operations by eroding customer spending power while increasing the cost of doing business...
Continue ReadingSEATTLE, January 03, 2023--IMDb (www.imdb.com), the world’s most popular and authoritative source for information on movies, TV shows, and celebrities, today unveiled the Most Anticipated Movies and TV Series of 2023. Rather than base its annual rankings on small statistical samplings or reviews from professional critics, IMDb determines its list of the most anticipated titles by the actual page views of the more than 200 million monthly visitors to IMDb. This exclusive and definitive data is de...
Continue ReadingIn this article, we will look at the 9 companies Jeff Bezos has invested in, in 2022. If you want to explore more companies that have attracted the attention of Bezos, you can also take a look at Jeff Bezos’ Investments in 2022: 4 Companies Bezos Is Investing In. Jeff Bezos is an American technology […]...
Continue ReadingAMZN, ALGT and AQN have been added to the Zacks Rank #5 (Strong Sell) List on January 3, 2023...
Continue ReadingThese are the stocks posting the largest moves in midday trading...
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