Amazon (AMZN) / Jeff Bezos

Re: Amazon (AMZN) / Jeff Bezos

Postby winston » Sat Aug 01, 2020 8:59 pm

not vested

Amazon:

Amazon AMZN posted revenue of $89 billion against estimates of $81 billion, with the actual results rising 40% year-over-year.

Amazon Web Services revenue came in at $10.8 billion, missing estimates of $11 billion, but still growing 28%. The strength was seen in an explosive e-commerce result, which got a boost from the at-home environment.

Some may have been skeptical that this tailwind was one-time and may not be appropriate to be modeled into estimates for multiple years out.

But Amazon tempered that fear, issuing guidance for the third quarter that calls for $90 billion in revenue, up 30% year-over-year.

That's just above where revenue had been growing in the past few quarters. Analysts were looking for Q3 revenue of $86 billion.

Amazon also sometimes favors customer acquisition and the ability to meet demand over profitability over the short-term. But against expectations for an operating margin of 1.4%, the company delivered a 6.5% margin and guided for strength in profitability ahead. Without safety-related costs, the margin would have been in the double digits.

Earnings per share for the reported quarter was $10.30 against estimates of $5.70, with the actual result growing 97%.

"COVID-19 has been like injecting Amazon with a growth hormone and is driving sales expansion in ways that even the rollout of one-day Prime shipping was not able to," wrote D.A. Davidson & Co. analyst Tom Forte in a note.

And a raised price target by 15% came from RBC Capital Markets analyst Mark Mahaney, who lifed his target multiple on 2022 EBITDA (earnings before interest, tax and non-cash expenses).

Up 4% Wednesday, Amazon trades at just under 100 times next year's earnings, although investors are becoming more willing to pay that multiple as the company's growth opportunities relentlessly expand.

Source: The Street
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Re: Amazon (AMZN) / Jeff Bezos

Postby behappyalways » Tue Aug 04, 2020 5:48 pm

2020.08.02【文茜世界財經周報】民主黨稅改草案 挑明針對富人企業而來
https://www.youtube.com/watch?v=xlRt50L8cqk
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Re: Amazon (AMZN) / Jeff Bezos

Postby behappyalways » Thu Aug 06, 2020 3:05 pm

Bezos sells more than $3 billion in Amazon shares
https://www.cnbc.com/2020/08/05/bezos-s ... hares.html
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Re: Amazon (AMZN) / Jeff Bezos

Postby winston » Mon Sep 14, 2020 10:12 am

Caution: 3 Reasons Amazon (AMZN) Stock Looks Set to Decline

by Ian Bezek

1. Rising Employee Strife and AMZN Stock
2. Antitrust Concerns
3. Rising E-Commerce Competition


Source: Investor Place

https://dailytradealert.com/2020/09/13/ ... o-decline/
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Re: Amazon (AMZN) / Jeff Bezos

Postby winston » Thu Sep 17, 2020 10:45 am

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Now’s a Good Time to Buy Amazon (AMZN) Stock

by Louis Navellier

When Amazon bought out Whole Foods, this move might have been considered speculative at the time. Yet, today we can view it as one of Amazon’s most successful ventures. It’s the sort of forward thinking that’s behind all of the greatest growth stocks.

The company is reportedly in talks to possibly buy a $20-billion stake in Reliance Retail Ventures Ltd. That company is part of Indian conglomerate Reliance Industries. If the deal goes through as planned, Amazon could own a 40% stake in Reliance Retail Ventures. This, in itself, would diversify Amazon’s business in a big way and would turn a competitor into an ally.


Source: Investor Place

https://dailytradealert.com/2020/09/16/ ... mzn-stock/
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