Amazon: Negative Alpha Ahead (Archive)
Amazon is likely to underperform the S&P 500, warranting a neutral hold stance.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- I think Amazon will generate negative alpha over the S&P 500 in the quarters ahead.
- Consumer sentiment remains weak.
- There is no rebound yet in AWS growth.
- There are early signs of problems in AWS profitability.
- I see limited re-rating risk.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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