AMZN Is David Prince’s Favorite MAG7 Earnings Setup

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Amazon (AMZN) reports second-quarter earnings after the market close on Thursday.

Watch the video below to learn why this is David Prince's favorite MAG7 earnings setup:

Expectations for Amazon's report are as follows:

  • Earnings: $1.02 per share, up 63% year over year
  • Revenue: $148.6 billion, up 10% YoY
  • Advertising Revenue: $13 billion, up 22% YoY
  • AWS Revenue: $25.86 billion, up 17% YoY

Although David sees opportunity in Amazon with low valuation and increasing cashflow, he says Bezos' selling puts pressure on the stock.

Click here to apply for the Inner Circle to see how David trades the print!

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