Analysis: AMZN (Jul, 2022) Amazon.com, Inc.
In July, things looked promising for Amazon.com Inc. The stock had dropped to attractive levels, online shopping was still popular although less than during pandemic lockdowns, and historical trends of Walmart's revenues suggested that Amazon might be able to benefit from a recession. In the meantime, not much has changed and the stock has been range bound. See our original analysis here, and let is know in the comments how you think things might play out.
"Extreme inflation, rising interest rates, the ongoing invasion of Ukraine, gas prices at record highs, China’s repeated COVID lockdowns, all after an extended pandemic-driven bull run. There is a lot to take in, and with Amazon stock down nearly 40% from its peak in July of 2021, some investors might be wondering if AMZN is oversold."