Amazon.com Inc. (Nasdaq: AMZN) is preparing to announce its quarterly earnings this afternoon after the close, and plenty of traders are expecting big things.
I think the real "smart money" should be avoiding the announcement, and I'll show you why.
Don't get me wrong - there's no question this competition- and market-crushing company is still one of the absolute best stocks for buy-and-hold investors to own for long-term growth, and in a minute, I'm going to show you how to juice those long-term profits.
But the folks who want to make some big, fast gains on these shares should hang back until the real high-profit fireworks start.
Tags:Stocks
To get full access to all Money Morning content, click here
About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.
Disclaimer:© 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
The post Your Best Shot at Making Double-Digits on Amazon.com Stock Isn't Today appeared first on Money Morning - We Make Investing Profitable.