
Ep. 39: Is Amazon Stock A Buy Now? With Mark Ritchie
Investing With IBD
00:00
The Amazon 5g Trend Is a Sign of a Strong Market
The fundamentals look really strong and they have the whole 5g trend going on also what i also noticed is that they're after tax margins this quarter has really jumped it was around you know six 6 point nine percent one quarter five point three ten percent this quarter so they might be getting better at managing their business too. The charts in my mind to sort of make sense i'm not a classical chartist or one of these people that say well this chart showing this therefore this is going to happen to me these are just representations of supply and demand and a lot of times just noise, he says.
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