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LivestreamMenuAmazon shares were dropping after earnings disappointed Wall Street . But Stephanie Link says it is a buying opportunity. In the video above, Link makes her buying case. Among her reasons: The AWS cloud unit numbers were really good. They just didn’t meet Wall Street’s “whisper” expectations. There was some Prime Day comps confusion. There’s nothing wrong with retail demand. Amazon trading for a 15 multiple over GAAP earnings. “I think this is an overreaction.” More investors agree with Link as the shares are rebounding off their lows of Friday’s session.Read More
Amazon decline could turn out to be a gift for investors. Stephanie Link says buy it
“I think this is an overreaction,” said Link.
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