Amazon Shares Rise by 30%: Should You Consider AMZN as a Purchase Before Earnings?

About this episode

The episode discusses the recent surge in Amazon's stock price and the implications for potential investors ahead of the upcoming earnings report.

Amazon has surged almost 30% within a matter of weeks, driving its stock closer to its historical peaks. Yet, at this moment, its shares are at their highest overbought point in over three years, which increases the possibility of a short-term decrease. With earnings scheduled to be released next Wednesday, there is potential for Amazon's stock to move in either direction.

Topics covered

• stock market
• investing
• earnings report
• Amazon
• financial analysis

Keywords

• Amazon
• AMZN
• stock rise
• earnings
• investment strategy

Mentioned in this episode

Organizations: Amazon, AMZN

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