TheHitman
Long

AMZN near all-time high in the week before Q1 earnings

NASDAQ:AMZN   AMAZON COM INC
Hi Traders

One of the winners of the Covid-19 crisis is Amazon. Not surprisingliy that people who have to stay at home, order more stuff from the internet.

Therefore chances are high, that Amazon will break the All-Time high this or next week. On 23 April Amazon will also present their Q1 earnings which will give a first inside of how much they profit from this situation.

One worth of caution: their work is labour intensive. So be aware that some news about a Corona-Virus like for example an outbreak in or near one of their logistic centers could make the stock dump...
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