Amazon's operating margins could nearly double in 2023, says CFRA's Arun Sundaram

Arun Sundaram of CFRA joins 'Closing Bell' to discuss slows in top-line growth, Amazons capital investment in to its fulfillment services and supply chain network, and Amazon Web Services customers cutting costs. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Wages increasing, Fuel increasing, consumer money decreasing. All that’s left is a little accounting tweaks to get those numbers up..

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We could see 116 short term

[@PK-uk3gh]

Amazon pulled their guidance and this guy is promoting that margin is going to double 🤪🤪🤪
How will e-commerce post a profit when they need to discount more ? This is funny….

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True bro... whack analysis... the thing is this guy probably thought what he was saying was legit, but I'm sure sometime in the near future he'll reconsider his positions and understand Amazon has bit off way more then they can chew

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lol amazon will likely go up to 115 maybe higher by xmas, everyone will be spending, this is the time of the years sales increase. Q4

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You act like no one is anticipating the holiday season or the economic forces it brings every 12 months. Please tell me you're buying calls if you really think it's going up.

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Sounds like mature investors are all sticking to big tech and try to believe 2023 their retirement portfolio will double back to 2019 levels. Lol... the thing is these analyst seems to know anti trust law will not affect big tech. Maybe they do have some INSIDER view!!???

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stock got fooked a week later .... lmfao