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

[winston]

not vested

Amazon.com (AMZN)

While indeed one of the biggest companies on earth, Amazon has proven its uncanny ability to post spectacular growth rates despite its size, making it a natural member of 2021's best growth stocks to buy.

For many years, Amazon denied itself profitability, choosing instead to expand its market share through razor-thin margins while plowing every dollar back into long-term investments.

In 2021, AMZN remains a glorious tale of margin expansion combined with rapid top-line growth.

Its international business just turned profitable in 2020, and for a company with $419 billion in trailing sales, Amazon's 44% growth rate last quarter is stunning.

AMZN is still looking to disrupt other parts of the economy, reportedly planning its own primary health care services business it will offer to large employers.

With health care spending accounting for more than 17% of the U.S. economy, Amazon has its eyes on the prize.

Source: Yahoo Finance

[winston]

not vested

Tech Stocks to Buy Today: Amazon (AMZN)

For this year’s first quarter, Amazon reported that its revenue rose 44% to $108.52 billion.

Earnings came in at $15.79 per share versus $9.54 that analysts had expected. That marks the second consecutive quarter that Amazon earned more than $100 billion of revenue.

And despite its mindboggling growth and success, the company provided bullish forward guidance. Amazon forecasts that its sales will be between $110 billion and $116 billion for the current second quarter that ends June 30.

Outside of its core retail business, Amazon’s cloud-computing business continue to boom. Amazon Web Services saw net sales of $13.5 billion during the first quarter, up 32% year-over-year. Oh, and “Prime Day” is scheduled to take place this June, which will likely give the company’s spring sales an even bigger boost.

Despite its success, AMZN stock is only up 1% year-to-date at $3,222.90. Analysts agree that the share price is currently undervalued, and have a median price target on them of $4,175.00, for a potential future gain of 30%.

Source: Investor Place

[behappyalways]

A good place to work???

High Churn Rate Of Amazon Workers Alarms Execs Worried About Labor Shortage
https://www.zerohedge.com/markets/amazo ... r-shortage

[winston]

not vested

Amazon delivers third straight US$100b quarter n a row

the company reported its first revenue miss in three years and gave weak third-quarter guidance, CNBC reports.

Here’s how the company did:

Earnings: US$15.12 vs US$12.30 per share, according to analysts surveyed by Refinitiv

Revenue: US$113.08 billion vs US$115.2 billion, according to analysts surveyed by Refinitiv

Amazon’s revenue grew by 27 percent year over year to US$113.08 billion. That’s a significant slowdown from the second quarter of 2020, when sales skyrocketed 41 percent year over year.

Amazon expects to see slower growth continue for the next few quarters.

For the third quarter, Amazon said it expects to book sales between US$106 billion and US$112 billion, representing growth of 10 percent to 16 perent.

Amazon said its operating profit in the third quarter will be in the range of US$2.5 billion and US$6 billion, a notably wide gap. That’s still a step down from the US$6.2 billion of costs it incurred from things like coronavirus safety measures in the third quarter of 2020.

Amazon is in the midst of a multiyear investment cycle, which includes spending heavily to increase warehouse capacity across the country. Most of Amazon’s 2021 spend and building openings are planned for the second-half of the year.

While Amazon’s second-quarter sales disappointed, earnings trounced expectations, helped by its highly profitable cloud-computing, subscriptions and advertising businesses. Amazon’s “other” unit, which includes advertising and other services, grew revenue by 87 percent year over year during the period.

Source: The Standard

https://www.thestandard.com.hk/breaking ... er-n-a-row

[winston]

not vested

Amazon hit with record EU data privacy fine of US$886.6 mil

Source: Reuters

https://www.theedgemarkets.com/article/ ... us8866-mil

[winston]

Amazon Stock Has Two Key Support Levels to Watch After Earnings Dip

by BRET KENWELL

The $3,350 area isn’t as clean of a resistance mark as $3,550 is, but this former range resistance level sticks out on the chart. When paired with the 21-week moving average, this is the first support level to watch.

Should we get a less-than-enthusiastic bounce or should Amazon simply flat out fail to hold the $3,350 area as support, let’s look down toward the $3,250 to $3,270 area.

In that range, Amazon will find its 200-day and 10-month moving averages. More importantly though, the 50-week moving average is in this area. This measure has been significant support throughout 2021.

Source: The Street

https://www.thestreet.com/investing/tra ... ings%2BDip

[winston]

not vested

Amazon (AMZN) – Announced July 29

Amazon’s net sales jumped 27% year-over-year to $113.08 billion, but missed analysts’ estimates of $115.08 billion by 1.74%.

The company’s cloud division, Amazon Web Services, grew year-over-year sales in the quarter by 37% to $14.81 billion.

Earnings of $15.12 per share soared 48.2% from a year prior and beat analysts’ expectations of $12.24 per share by 23.54%.

Operating income for the third quarter is expected to be between $2.5 billion and $6 billion, compared with $6.2 billion in the third quarter of 2020.

Amazon CFO Brian Olsavsky primarily blamed rough year-over-year comparisons for the disappointing results.

The stock fell about 8% on Friday following the mixed second-quarter earnings report.

Source: Investor Place

[winston]

not vested

How Amazon Makes Money
Product sales, advertising, subscription services, and cloud services

By NATHAN REIFF

Retail remains Amazon's primary source of revenue, with online and physical stores accounting for the biggest share.

AWS is Amazon's largest source of operating profits and is growing fast.

Amazon controls about a third of the global cloud market, nearly twice as much as its next closest competitor.

Source: Investopedia

https://www.investopedia.com/how-amazon ... m=referral

[winston]

You Need to Buy This Stock Today

by Shah Gilani

The “sum of the parts” is worth a whole lot more than the whole.

I’m talking about online shopping, distribution, product production, artificial intelligence, robotics, Big Data, the Cloud, supply-chain management, and advertising (for which it doesn’t get enough credit), AMZN is a giant – that still continues to grow.

Net income in 2019 was $10.6 billion – a total that nearly doubled to $21 billion in 2020. Analysts expect $25 billion for 2021 and $35 billion for 2022. That’s growth of profits on top of growth of revenue and market share and cash flow.

Source: Total Wealth

https://dailytradealert.com/2021/08/21/ ... ock-today/

[winston]

not vested

How to Trade Amazon (AMZN) Stock Right Now

by Bret Kenwell

There are a few notes of caution to be aware of:-

First, AMZN stock closed below the 50-week moving average.

Second, notice the trend of the 50-week moving average. In March and May, this measure was trending higher. Now the 50-week is flat.

It could put the $2,900 level and the 21-month moving average on the table.

On the upside, let’s see if AMZN stock can clear $3,300. Above puts the 10-week and 21-week moving averages in play.

Amazon is forecast to generate 23.5% revenue growth this year and almost 20% growth next year. On the earnings front, it’s forecast to generate 27% and 25% growth in 2021 and 2022, respectively.

Source: Investor Place

https://dailytradealert.com/2021/09/01/ ... right-now/