Buy Opportunity on Amazon Dip

3 months ago

"Now questions here for Amazon and Marll. Am I worried about Amazon? Are people going to say, "Look, is this compute loss that Amazon could have gotten from Anthropic?" In theory, yes. If Amazon sees a negative reaction to this, I would gladly want to buy the dip, right? Amazon is one of my favorite Mac 7s right now in forms of valuation. I don't own it, but it's one I really, really do enjoy these levels. And any drop in my opinion below 215s into the 210s is a definite buy opportunity for me if I had cash in my portfolio right now."

The speaker expresses a clear trade call on Amazon, stating that any dip below the 215-210 range represents a buy opportunity, reflecting confidence in its valuation and potential for recovery amidst market reactions.

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