Amazon Stock Forecast: Launching Amazon Prime In China Is A Long-Term Tailwind

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

Amazon Stock Forecast

  • Amazon’s stock price dropped by more than 7% this October. I say it is a good buy-on-the-dip opportunity.
  • I am not worried about the Q3 earnings miss. Amazon’s core business model is to prioritize revenue growth over EPS.
  • The launch of Amazon Prime in China is another master stroke move from Jeff Bezos. China is still the biggest growth driver for retail e-commerce.
  • Giving away Prime Membership accounts for just 388 Yuan/year ($57) could help Amazon compete better with Alibaba and
  • Amazon’s stock has buy signals based on its algorithmic forecasts.

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