Is it a good entry point for AMZN?

Stock basic 101

P/E 60? No dividend? US recession? Insider selling not buying?

Stick with cash or look for something better.

GE not pumping but take a look.

Long term amazon has a lock on their niche but it may not be the time to get into this name

it might be good to wait for another economic report on consumer spending, until we see how people are spending now that the fiscal stimulus checks are all gone

if your looking for a good entry point you might just sell puts at what you determine to be a reasonable valuation, that way you make a nice premium while waiting to get the stock at your price

apparently amzn is expecting exponential growth from their next generation kindle, dont know exactly how that will effect the stock if true but it certainly couldnt hurt

personally I can't wait for the next generation kindle. According to tech crunch AMZN skipped a couple iterations so the new one should be amazing