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Archive of entries posted on 28th July 2016

Buy Amazon today. It reports this evening. The quarter will be blow-out.

Every so often you have a “feeling.” Today’s is that Amazon’s quarterly earnings report after the close today will be blow-out.  And the shares will pop. Before I give you reasons for my feeling, know: + Amazon is expensive. Its P/E is 302. For Amazon that’s meaningless. Still it’s a measure of something. + It’s […]