Amazon.com, Inc. (AMZN)

They report after the bell. He doesn't trade into the call. It's a good company with a good offering. Worth owning.

It reports Tuesday. Will they put up good ad revenues like Alphabet? They're spending alot on Nivida chips and AI. Have they reduced the cost of sending packages?

He prefers Microsoft. AI is here to stay, but valuations of these tech names have gotten ahead of themselves. Amazon is still growing with strong third-party ads and a cloud presence.

Overbuilt and overspent during Covid, but has grown into it. Has come off that trough. Fulfillment centres that were previously underutilized, are now going 24/7. AWS now upward trajectory, will dovetail with AI. Multiple's coming down. 

Currently in a long term up trend. Stock price at all time highs. Very positive on outlook of business. Take away is that higher interest rates not negative pressure on business. Very high amounts of cash on the balance sheet. Support levels around 175 very sustainable. Expecting stock price to move into the 200 price range. 

Really likes the business. Market has no patience right now, in this higher interest rate environment, for names that aren't profitable. Dominant in its markets. Now inflecting into profitability, rather than focusing just on growth, and that will continue. Valuation may continue to improve. Best logistics company in the world. Cloud, e-commerce, great ad business.

They use Nvidia's chips which drive down prices of web series while increasing speed and accuracy product recommendations to consumers.

In e-commerce, AMZN still has a bit more runway.

Likes it. Leads in cloud and will lead in AI. A core holding, but he trades it. He'd buy it now.

It is a trail blazer in public cloud services. It has the largest market share in this but Microsoft and Google are chipping away at it. It should be the most profitable it has ever been in its history, but has to harvest this profitability in this and the next year to justify its high valuation.

One of the world's top companies. Consistently posts strong earnings. Consumer not as badly off as anticipated. Again, AI is a major catalyst. Sky continues to be the limit. Good, long-term core holding. Use the buy the dip mentality.

Retail advantage: Same or next day delivery. Also, they have such scale, they can collect massive data and harness that data using AI to better predict their business.

They invested heavily in fast, 2-day shipping while cutting back at the executive level. This makes it a winner. Plus, their ad business is on fire and their AWS business enjoys double-digit growth.

Very strong performance from company with excellent assets. Tech space rebound very good for investors. Over capacity post pandemic is receding. AWS and retail side of business very strong. High margin business units with excellent brand value. Expected $70-$80 billion free cash flow going forward. 

Earnings driver is actually the cloud, in a bit of a lull of late, but picking up steam. He's still long the stock in his growth strategy.