Amazon (AMZN) / Jeff Bezos 02 (Nov 18 - Dec 26)

[winston]

not vested

Amazon Dives Over 6% on QoQ Result Miss

Amazon announced third-quarter net income of US$2.134 billion, down 26% year-on-year.

Diluted EPS equaled US$4.23, missing street forecast of US$4.62.

Amazon's share price dived over 6% after market close.

Source: AAstocks.com

[winston]

not vested

This shocking stat will make you want to buy Amazon stock after its recent beatdown

by Brian Sozzi

The company’s third quarter earnings report is often very volatile as the digital beast spends aggressively ahead of the holiday season. That usually doesn’t jibe well with always inflated expectations on Wall Street regarding Amazon’s profits.

This go around looks to be no different. Amazon shares fell 6% in pre-market trading on Friday as third quarter earnings badly whiffed consensus forecasts, coming in at $4.23 a share versus the $4.58 a share expected.

Profits were held back by Amazon’s $800 million investment in the expansion of one-day delivery services.

Meanwhile, Amazon Web Services sales growth slowed to 35% versus 37% in the second quarter. Amazon Web Services (AWS) also saw its profit margins come under pressure amid increased competitive activity in cloud services.

The company warned on fourth quarter profits, as it prepared to spend $1.5 billion more in its one-day delivery rollout.

Thill continues to rate Amazon’s stock at a Buy with a price target of $2,180.

Source: Yahoo Finance

https://finance.yahoo.com/news/one-stat ... 41191.html

[winston]

not vested

Amazon earnings fall for first time in more than two years, stock drops in late trading

By Jeremy C. Owens

Amazon AMZN reported third-quarter profit of $2.1 billion, or $4.23 a share, on sales of $69.98 billion after the market closed Thursday.

Sales rose from $56.58 billion a year ago, but earnings declined from $5.75 a share, the first time Amazon earnings have shrunk year-over-year since June 2017.

Analysts on average expected Amazon to report earnings of $4.59 a share on sales of $68.83 billion, according to FactSet.

Amazon’s forecast for the holiday quarter came in short of estimates for both profit and sales, as the company predicted net revenue of $80 billion to $86.5 billion with operating income of $1.2 billion to $2.9 billion.

Analysts on average were predicting fourth-quarter operating profit of $4.19 billion on sales of $87.39 billion, according to FactSet, after Amazon reported operating income of $3.79 billion on revenue of $72.38 billion in the holiday quarter a year ago.

Source: Market Watch

https://www.marketwatch.com/story/amazo ... yptr=yahoo

[winston]

not vested

Amazon

It's become impossible to ignore Amazon's (NASDAQ:AMZN) dominance in e-commerce or cloud computing.

Pretty much everyone is aware of Amazon's impact in the e-commerce space. According to eMarketer in June, Amazon would be responsible for 38% of all e-commerce sales in 2019, and its Prime membership is doing an excellent job of keeping people within its ecosystem. But the real superstar here is Amazon Web Services (AWS).

The company's cloud services platform is growing more than twice as fast as its e-commerce operations, and the margins for AWS are light years ahead of every other business segment.

Through the first nine months of 2019, AWS was responsible for $6.6 billion in operating income on "only" $25.1 billion in sales, which compares to $4.1 billion in operating income on $168 billion in net sales for all of its other business segments.

Amazon's business is only getting stronger as AWS become a larger percentage of total sales. This makes Amazon and its historically low PEG ratio a standout for growth investors.

Source: Motley Fool

[behappyalways]

Jeff Bezos sells $3.5bn of Amazon shares in a week
https://www.ft.com/content/0e3b1130-496 ... 5839e06441

[winston]

not vested

Amazon

This company is the absolute leader in online shopping and is on the Merrill Lynch US 1 list of top stock picks.

Amazon.com Inc. (NASDAQ: AMZN) serves consumers through retail websites that primarily include merchandise and content purchased for resale from vendors and those offered by third-party sellers. It has one of the most valuable brands in the world.

The company serves developers and enterprises through Amazon Web Services, which provides computing, storage, database, analytics, applications and deployment services that enable virtually various businesses.

AWS is also the undisputed leader in the cloud now, and many top analysts see the company expanding and moving up the enterprise information value chain and targeting a larger total addressable market.

The company is also rolling out its checkout-free Go technology in a large grocery store and plans to license the cashier-less system to other retailers.

Amazon Go Grocery opened in Seattle on Tuesday. It uses an array of cameras, shelf sensors and software to allow shoppers to pick up items as varied as organic produce and wine and walk out without stopping to pay or scan merchandise. Accounts are automatically charged through a smartphone app once shoppers leave the store.

The Merrill Lynch target price is a whopping $2,480, and the consensus target is $2,404.29. Amazon.com stock closed at $1972.74 on Tuesday.

Source: 24/7 Wall St

[winston]

vested

Amazon: $1 Trillion market cap for a reason

It was only a month ago that e-commerce juggernaut Amazon.com reestablished its membership in the vaunted $1 trillion market cap club, yet now the stock is selling at a discount of about 10%. The company fell victim to the general market weakness, but not all investments are created equal.

Amazon showed the strength of its business by reporting robust fourth-quarter results, with revenue that grew 21% year over year, while earnings per share grew 7%. Both numbers easily surpassed expectations.

CEO Jeff Bezos updated investors on the strength of its Prime member loyalty program for the first time in two years, saying it now boasts 150 million paid Prime subscribers, up from 100 million in early 2018.

Anyone who has followed Amazon for some time knows that Prime members are also the company’s most lucrative shoppers, spending about $1,400 per year, on average, a whopping 133% more than the $600 spent by nonmember customers, according to data from Consumer Intelligence Research Partners.

Let’s not forget Amazon Web Services (AWS), its cloud computing operation, which is still the industry leader and grew 34% year over year in the fourth quarter while boasting juicy 26% operating margins.

Amazon has plenty of gas left in the tank, working to expand its one-day shipping, fulfillment services, and international operations.

The company also has other catalysts, including its growing ecosystem of Alexa-powered Echo products, as ownership of these devices tends to increase customer engagement and boost sales.

With the pole position in the trend toward e-commerce and plenty of other growth catalysts as well, Amazon stock is a steal at these lower prices.

Source: Tech Stock Sensei

[winston]

sold recently

Amazon Stock: Buy, Sell, or Hold?

As shares of the e-commerce giant return to an all-time high, what should investors do?

by Daniel Sparks

To better serve its customers during this time, Amazon announced in March that it would hire 100,000 workers to help fulfill demand. But even this wasn't enough.

On Monday, Amazon said it has already filled all of those job openings and is now setting out to hire an additional 75,000 employees.

Amazon trades at 95 times earnings today. But it's worth noting that the company's earnings have been soaring. Earnings per share in 2019 was $23.01, up from $20.14 in 2018 and $6.15 in 2017.

Source: Motley Fool

https://www.fool.com/investing/2020/04/ ... -hold.aspx

[investar]

Amazon Letter to Shareholders:

https://ir.aboutamazon.com/files/doc_fi ... Letter.pdf

New all time high again... This looks an index+ story for many years to come.

[winston]

PE of 100 is the new normal