Is Amazon Stock A Buying Opportunity Around $100?


  • Amazon’s stock is up +16% year-to-date despite losing ~12% since releasing its Q4 earnings report in early February.
  • In this note, we will review Amazon’s latest quarter and try to figure out if the stock is a good buying opportunity during this pullback.
  • Spoiler Alert: I rate Amazon a “Strong Buy” at $100, with a strong preference for staggered accumulation. Read on to find out why!
A businessman is holding a shining lightbulb that features learning icons for concepts in critical thinking, study skills, and problem-solving.

ipuwadol/iStock via Getty Images


Amazon (NASDAQ:AMZN) and its big tech peers seem to have regained leadership of the market in 2023; however, Q4 results signal big trouble ahead for this pack as rich valuations face up against a massive growth slowdown and a vicious

Q3 Y/Y Revenue Growth (%) Q4 Y/Y Revenue Growth (%) Q3 Y/Y EPS Growth (%) Q4 Y/Y EPS Growth (%)
Apple (AAPL) +8.14% -5.48% +4.03% -10.48%
Microsoft (MSFT) +10.60% +1.97% -13.28% -9.09%
Amazon (AMZN) +14.70% +8.58% -9.68% -27.48%
Tesla (TSLA) +55.95% +37.24% +97.92%

Disclosure: I/we have a beneficial long position in the shares of AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

At The Quantamental Investor, we make investing simple, fun, and profitable together. To learn more about our investor community –> Click Here 

Leave a Reply

Your email address will not be published. Required fields are marked *