Gina Sanchez: ‘Amazon’s going to have the last laugh’


Gina Sanchez: ‘Amazon’s going to have the last laugh’

Ad disclosure

Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who compensate us for users that Invezz refers to their services. While our reviews and assessments of each product on the site are independent and unbiased, brands may pay to appear higher up our table rankings or place ads in specific areas of the site. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Read more about how we make money >


Wajeeh Khan

May 2, 2022

Chantico Global’s Gina Sanchez has reasons to remain positive on Inc.

The tech giant reported weak Q1 results and gave disappointing guidance last week.

Shares of the American multinational are now down nearly 30% for the year. Inc (NASDAQ: AMZN) shareholders is surely not a happy lot at present, with the stock now down nearly 30% for the year. Still, the CEO of Chantico Global remains bullish on AMZN.

Sanchez is bullish on Amazon Web Services

Gina Sanchez continues to see signs of strength in Amazon even after the tech giant warned of a sizable operating loss in its current fiscal quarter. On CNBC’s “Worldwide Exchange”, she said:

Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today. Inc is quality. If you look deeper into its quarterly numbers, the cloud story is not going away. You are seeing tremendous growth continuing in Amazon Web Services, which is a big piece of their long-term story.

AWS brought in $18.44 billion in Q1, as per the earnings report that came out last week, versus $18.34 billion that experts had forecast. The stock now trades at a PE multiple of 58.22.

Sanchez expects online shopping to last

Amazon was a notable beneficiary of the COVID pandemic that accelerated the switch to online shopping. According to Sanchez, however, the trend is going to last. She noted:

Interesting thing is that no one’s going to stop ordering Amazon products. That’s here to stay. Right now, the market is looking for long-term quality and durability. So, in the end, I think Inc is going to have the last laugh.

Nevertheless, eCommerce remained in loss for Amazon in its recent fiscal quarter, both in the North American and internationally. The American multinational will launch its annual Prime Day sale this year in July.

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker,


68% of retail CFD accounts lose money

Visit site


North America

Stocks & Shares




Generated by Feedzy