Outright Buy Recommendation for Amazon (AMZN)

19 days ago

Mark Rousen

"And that brings us to stock number four, which is going to be Amazon, stock ticker AMZN. For me, this is an outright buy right here. I want to find high-quality assets at great valuations and that's exactly what you're getting with shares of Amazon. Even though year-to-date performance is flat, the fundamentals are strong with record revenues, operating margins, and IBIDA. I see this as a great spot to layer into, especially if you're underweight, and if it falls further, dollar cost average into it."

The speaker recommends buying Amazon (AMZN) outright, citing its strong fundamentals, record revenues, and attractive valuation metrics despite a flat year-to-date performance. He suggests layering into the stock and dollar cost averaging if the price declines further.

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