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buyittradeit

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buyittradeit

Re: TechWhiz post# 10202

Thursday, 07/21/2022 8:27:00 AM

Thursday, July 21, 2022 8:27:00 AM

Post# of 11384
I can see 200. They could benefit (indirectly) from the chips act. 200 is actually reasonable. They rely on chips not just for the Kindle. Think about all those gadgets they use in the warehouse and everything else that needs chips. AWS is poised to grow (in a few years) larger then their online business.
Having said all that I would rather it be a slow upward trend (longer the base, the better the case). We are about to see their earnings soon and get more guidance on where they are headed. Prime day was a success so naturally we want to look under the hood of the company come earnings time.
Black Friday an cyber Monday should give it a boost too. I am more interested in the AWS at this point...I want to know more.

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