Amazon.com

AMZN
Delayed Nasdaq - 03/20 09:00:00 pm
1797.27USD
+2.01%

In an accumulation phase

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Jordan Dufee
Analyst

Strategy published on : 03/14/2019 | 10:40

long trade under condition
Live

Entry price : 1720$
Target : 2010$
Stop-loss : 1580$
Cancellation Level : 1570$
Potential : 16.86%

Amazon.com shares are locked into a trading range. This phase will eventually have to end with a return of a clear trend.
Investors should benefit from the breakout of the $ 1720 level to target the $ 2010.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.

● The company is in a robust financial situation considering its net cash and margin position.

● Historically, the company has been releasing figures that are above expectations.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.


Weaknesses

● With an expected P/E ratio at 62.33 and 43.32 respectively for both the current and next fiscal years, the company operates with high earnings multiples.

● Revenue estimates are regularly revised downwards for the current and coming years.

● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

Zonebourse.com 2019
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