Amazon.com Inc. (Nasdaq: AMZN) reported earnings last Thursday. The online retail king missed Wall Street estimates and kept its trend of earnings per share losses coupled with impressive sales.
One day, all that cash will flow to Amazon's bottom line. But for now, investors are asking, "Should I buy Amazon stock?"
Money Morning Defense & Tech Specialist Michael A. Robinson - a 30-year veteran of tech markets - appeared on FOX Business' "Varney & Co." on Wednesday to tell viewers how he'd play AMZN stock right now:
Stocks had a bumpy ride in October. By mid-month, the Dow had dropped more than 5%. The S&P lost 5.55% and the Nasdaq was down more than 6% in the same period. That's why Robinson had his eye on four tech stocks to buy at "stupid cheap" prices. He encourages readers to jump on these bargains...