The world economy has many moving components and many big companies leading the way, chief amongst them are Amazon and Apple. Today we take a look at Amazon Inc, the e-commerce giant whose ideology and industry are way different than what people have been assuming it to be.
The company is a big conglomerate and has many sister companies under it, they deal in volume rather than dealing in individual commodities. This means that their main focus involves scalability and they do not follow the pattern of a regular e-commerce company. They have some of the largest reserves in the world and also have their branches in places all over the world. With a global impact that huge, it is no wonder that the company was one of the first to cross the threshold of 1 trillion dollars in market capitalisation.
Another big reason for its success is their leader, Jeff Bezos the richest man in the world and perhaps one of the biggest entrepreneurs ever to live on the planet. His ideology and method are what separates the company and primes them for success. As their earnings Amazon announcement date approaches soon, we should all look out for the surprises that could be in store and keep an eye on the sort of impact it will have on investors. The date is expected to be around 25th of October a good two weeks away from now, the perfect time to put in place a strategy that helps you be in a position where you can easily buy or sell shares.
Amazon earnings calendar
The one thing you need to keep an eye on is the earnings calendar for Amazon, which details various intricate data points and compiles into one summarised table. One of the points of data you need to be aware of is the PMAEA, which stands for a predicted move after earnings announcement. The number is a predicted percentage movement of the stock and it could go either direction come earnings date. The number this year is set at around 6%, which will put the strike price at 12%.
The strike price is a scenario when the price fluctuates so bad that you have no choice but to purchase it when the prices fall to that rate in either direction. The likely outcome that this scene takes place is very unlikely. Therefore this is just a contingency. Since the date is a few weeks away you can put in place certain trades and exchanges, ones which will put you in the perfect spot come earnings date.
Why trust the PMAEA?
These numbers are carefully analysed by stock experts and economic analysts, ones who have carefully taken into account every single detail from the past earnings date history, to company ideology, and the performance of the company in the markets this year. These predictions and numbers are very accurate and can be back-tested as well. Amazon is one of the top companies in the world and it will remain so for a long time, investing in it is a very wise idea.