Amazon Stock Is Cheap After Earnings - Here's Everything You Need to Know

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Amazon Stock Is Looking Cheap After Earnings - Here's Everything You Need to Know

Hello everyone, I am Daniel Pronk and in today's video I discuss Amazon's Q1 2024 earnings report, and all of the highlights from it. I also discuss Amazon's price today, and if the business is looking cheap.

#AMZN

00:00 - Introduction
00:29 - Earnings Highlights
02:54 - AWS Growth Reaccelerating
04:02 - Business Highlights
09:57 - Q2 Outlook
10:19 - Cash Flow Highlights
11:26 - AWS Margin Expansion & Growth
12:36 - Why AMZN Looks Cheap Today

Disclaimer: Before we dive into this discussion, I want to make it clear that I am not a financial advisor, and nothing I say is intended to be a recommendation to buy or sell any financial instrument. All trading and investing activities must comply with the regulations set forth by the Securities and Exchange Commission (SEC). I will never ask you to send me money to trade for you, and if you come across any suspicious emails or fake social media profiles claiming to be me, please report them immediately. Additionally, it's important to remember that there are no guarantees or certainties in trading or investing, and you should never invest money that you can't afford to lose. While my videos may contain affiliate links or sponsorship to products I believe will add value to your life, it's crucial to conduct your own research before making any financial decisions.

[BrettaANordsiek]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?

[Adambarking]

Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

[catherinerea]

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%, but what could be my safest buys with $400k to outperform the market in 2024?

[plutoof]

I've been self managing my retirement portfolio for the past 5 years and also have about $1m in pension plans, but have failed to outperform for the past 2 years and this has got me worried. Are there anyways I can turn this around or should I sell off?

[jadewashington]

You work for a 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a bitcion coin for just fe months and now they are multimillionaires thanks to Charlotte Grace Miller

[mathewvarghese]

I think before next earnings, it will be $200

[CaptainBenjamins]

Fun Fact: Amazon has more PhD economists than any company in the world, 2nd only to the US Federal Reserve.

These experts play a crucial role in steering Amazon into becoming the world’s most diversified company, with involvement across various sectors of the US economy. Amazon is renowned for being the most customer-centric company ever and they have the quarterly revenue to show for it.

[milhouse]

Think general market bearishness at the moment is only thing holding AMZN back

[Robb-H]

Appreciate you getting these videos out so quickly. I think AMZN and now META are the two best buys among the megacaps.

[johnmcquaid]

Hey! Shoutout to Calgary!
The home of CP!
I’m in Edmonton.
Thank-you for the video!

[gooldii]

VERY! good Video, thanks soo much! Subscribed.

[iriskoss]

Hi Daniel, I am subscribed and have been for quite a while, however, I'm not knowledgeable about financial acronyms and thing I would get so much more out of your videos if I understood them. I'm sure I could teach myself from the Internet but I always love the way you explain everything and think you would make an awesome teacher. Perhaps a video with the most popular acronyms broken down alphabetically briefly describing what they are? Thank you for your consideration and for always making me feel like I can trust your videos.

[darth.mingdom]

Important to note that the Azure growth rate includes cloud services which is O365 subscriptions as well, so it’s not an apples to apples comparison with GCP and AWS.

The fact that the slope of the curve look roughly the same to me in the re-acceleration implies to me that all 3 providers are highly competitive. Microsoft is not taking significantly more shares IMO in cloud due to OpenAI.

[erdalkose]

As usual great vid. Hope to see the same vid for Arista (ANET). Thanks

[hanzhang]

I didn't know you live in the Calgary AB area. My parents and I are planning a trip to the Banff National Park and boy, how I love to have Master Daniel as our tour guide 😊

[jessehamlin]

Thanks daniel, really interesting on mr beast, q and fallout etc. Havent heard many other youtubers cover that

[Aria.Sterling]

its a great company, but the valuation is already very high, do dcf and see their eps are along the line of the est. Not much upside, but its good investment if u got extra money lying around imo.

[JeganBedpal]

From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal: Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial

[jjwitisme]

Reduce variable cost (worker) with more automation machine learning will generate more operating cash flow. They will do it in 36 months or less

[migreeni]

AMZN return on invested capital is not trending well, which keeps me out.