Amazon stock forecast tomorrow benefits from seasonal back-to-school

Amazon stock forecast tomorrow benefits from seasonal back-to-school retail trends, adding incremental buying interest in consumer-facing tech names during August trading. “The reason I haven’t mentioned free cash flow is because the company keeps reinvesting so heavily in these huge opportunities in front of it, that I believe it is not going to generate any meaningful free cash flows that it can retain or distribute to investors in the near term. It would much rather reinvest heavily because the future opportunity is larger than short term distributions it could make in the form of buybacks or dividends.” Mitrade does not issue advice, recommendations or opinion in relation to acquiring, holding or disposing of our products. All of our products are over-the-counter derivatives over global underlying assets. Mitrade provides execution only service, acting as principal at all times. Based on recent trading volume and options flow, Amazon stock forecast tomorrow points toward mild bullish pressure, as institutional buying increased 3% over the past week, hinting at potential price testing near $185 if pre-market futures remain stable.