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Are You Ready for Amazon?

No rest for the weary in tech land. Traders have now turned their attention squarely to Amazon , which reports Thursday after the bell.

Should you buy ahead of the numbers? What’s the trade?

Top tech analyst Gene Munster of Piper Jaffray likes the stock long-term but tells us, “I would not be long going into the print. The comp last quarter was 38% but it jumps to 52% in the June quarter and the Street models just aren’t figuring that in. Look out for that top line guide come Thursday night.”

Karen Finerman shares the skepticism. In fact, she’s short through put spreads. “I just do not get it,” she says. “Sure it’s a fantastic company but the valuation is out of this world. The best retailers in the world trade at a 12 multiple while Amazon's valuation is halfway to the moon.”

Tim Seymour believes the stock is range bound between $180 and $200. “I’d own it lower, as a trade, but not ahead of earnings when the stock is at $194.

Anthony Scaramucci has a different take. He thinks Amazon has upside in the long-term but for a very different reason. He believes that after the death of Steve Jobs the public will seek out the next tech visionary, and Scaramucci thinks that will be CEO Jeff Bezos. As a result, he sees a very strong catalyst.

* You can find our conversation with Gene Munster about 3 minutes into this video clip.



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Trader disclosure: On Apr 25, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders ; Karen Finerman is long AAPL; Karen Finerman is short AAPL CALLS; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long RIMM CALLS; Karen Finerman is long HPQ; Karen Finerman is short MDY; Karen Finerman is short IWM; Karen Finerman is short SPY; Anthony Scaramucci is long AAPL; Anthony Scaramucci is long GS; Anthony Scaramucci is long JPM; Anthony Scaramucci is long IBM

For Gene Munster
Piper Jaffray was making a market in the securities of Amazon.com, Inc. at the time this research report was published. Piper Jaffray will buy and sell Amazon.com, Inc. securities on a principal basis.

For Doug Kass
Nothing to Disclose

For Michelle Stevens
Nothing to Disclose

For Rich Ilczyszyn
Rich Ilczyszyn is long SOYBEANS

CNBC.com with wires.