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.
Mark Spoonauer, Global Editor-In-Chief at Tom's Guide, discusses the craze behind the latest Nintendo Switch 2 and why it already flying off shelves. Watch!
Bob Lang, Chief Options Strategist at Explosive Options, joins J.D. Durkin on the floor of the NYSE for a look at how traders are approaching the markets.
Seth Schachner, Managing Director at Strat Americas, talks Disney's taking control of Hulu, Warner Bros. and Discovery's split and how if affects the viewers.
