&l;p&g;&l;img class=&q;dam-image ap size-large wp-image-d23bdeb01e3d446190c814af236427b4&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/d23bdeb01e3d446190c814af236427b4/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; U.S. Sen. Bernie Sanders, I-Vt.&a;nbsp; (AP Photo/Rogelio V. Solis)
President Trump and Bernie Sanders agree on hardly anything. But,&a;nbsp;on Monday, Sanders tweeted, &q;You know what Amazon paid in federal income taxes last year? Zero.&q;&a;nbsp;The President&s;s five tweets in early April knocked Amazon&s;s stock price down about 14%. Now that the attack is bipartisan, could it happen again? I hope so because after last week&s;s earnings report I would like to buy more at a discount.
Last week, after reporting first quarter results that exceeded everyone&s;s expectations, Amazon opened up nearly 8% and set a new high as Wall Street firms increased their target prices. Now, just two trading days later, investors who didn&s;t buy when President Trump&s;s tweets knocked Amazon back to $1,372, may get another chance as Bernie Sanders piles on.
It does not matter whether&a;nbsp;we&a;nbsp;believe that the Post Office is subsidizing Amazon or that Amazon is not paying its taxes. What matters is whether&a;nbsp;President Trump and Bernie Sanders will do anything to fix the problems they are tweeting about.
If you don&s;t think anything will come of these tweets, aside from the media coverage, then the negative impact Sander&s;s&a;nbsp;tweets have on Amazon&s;s stock price are&a;nbsp;likely&a;nbsp;to be temporary. If you wanted to buy&a;nbsp;Amazon after last week&s;s earnings report, these tweets may be just the thing to give you a great entry point.
Looking for news that has a temporary negative impact on a stock is one of the ways great investors tilt the odds in their favor. I&s;m following this story because we could be seeing a great buying opportunity starting to form.
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