Seeking Alpha: Can Amazon Shares Climb Higher? Is Tesla Stock Teflon?
Michael Kramer, author at Seeking Alpha, debates whether or not Amazon shares can climb any higher after surpassing the $1,500 mark for the first time recently. He also discusses Tesla stock and its resistance to negative news.
Kramer says historically when Amazon stock valuation gets to 2.5 times one year forward sales, it taps out. Kramer notes every time you turn around, Amazon is entering another part of the market.
Kramer also addresses Tesla's ability to stay resistant to bad news. He says Tesla has an "Amazon like property" to it, which allows it some wiggle room when it comes to shares.
The Knot Worldwide CEO Raina Moskowitz joins Cheddar to reveal the top wedding trends for 2025 and why some newlyweds-to-be want their big day to be phone free!
Shark Tank star Barbara Corcoran reveals how she is handling all of this recession news, the best time to buy a home and what she looks for when hiring. Watch!
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
