On this video, I can discuss a very powerful issues that Amazon‘s (AMZN 4.63%) CEO Andy Jassy discussed in his 2022 Letter to Shareholders and why traders must get excited regardless of the horrible inventory efficiency not too long ago.
*Inventory costs used have been from the buying and selling day of April 12, 2023. The video was once printed on April 13, 2023.
John Mackey, former CEO of Complete Meals Marketplace, an Amazon subsidiary, is a member of The Motley Idiot’s board of administrators. Neil Rozenbaum has positions in Amazon.com. The Motley Idiot has positions in and recommends Amazon.com. The Motley Idiot has a disclosure coverage. Neil is an associate of The Motley Idiot and is also compensated for selling its products and services. If you select to subscribe thru his hyperlink, he’ll earn some more cash that helps his channel. His critiques stay his personal and are unaffected by way of The Motley Idiot.