Amazon Stock

Amazon Earnings Show Lighter Holiday Sales Than Expected, Stock Drops

... they think this trend will continue, but many believe these investments will position Amazon over time as one of the most valuable companies in the world akin to where Apple has been. 4:34 pm. Some interesting conversations going on down in the comments – if you have any questions or comments, throw them down there and we will try to address them. 4:37 pm. Add a Comment. Lot of talk about Amazon’s price/earnings ratio. At $2.4 billion in 2016 profit, P/E is roughly 166. Yes, that is very high, but as other commenters are pointing out, profit would be much higher if Amazon wasn’t putting so much of its cash into building for the future, especially data centers for AWS and fulfillment centers to deliver goods quickly worldwide. 4:41 pm. To wit: Purchases of property and equipment by Amazon in the past four quarters. So Amazon spent more than $23 billion last year on “Purchases of property and equipment, including internal-use software and website ...

Record Holiday Sales To Take Center Stage

... holiday season in 2016, shipping more than 1 billion items world-wide. Among the top-selling devices were the company’s own Alexa-powered smart devices, such as Echo Dot and Amazon Echo. Here’s what to expect. Earnings: Sell-side analysts surveyed by Fact Set expect Amazon to report a GAAP profit of $1.37 a share, compared with a dollar in the year-earlier period. Contributors to Estimize, a software platform that uses crowdsourcing from hedge fund executives, brokerages and buy-side analysts to predict earnings, expect Amazon to report $1.49 a share. Amazon missed both consensus estimates last quarter by a wide margin. However, it surpassed both by a wide margin in the two quarters prior. This is when driverless cars will hit the road. At CES in Las Vegas, tech executives, industry analysts and enthusiasts voiced different ...

Wall Street Expects Huge Jump In Amazon's Q4 Sales, As Old Retailers Sink

... Prime Pantry grocery service. With the Echo personal assistant, the hottest-selling device over the holidays, Amazon makes all of that and much more available with voice commands. Add it all up and Amazon isn't just spearheading the continued shift to web and mobile commerce, but is bundling it all together in ways that no rival can match. In a report early last year, e Marketer predicted Amazon would grow 13 percent a year through 2020, while none of the world's other top 20 retailers would expand more than 7 percent annually. Factoring in all of Amazon's businesses, growth will be even faster. According to analysts polled by Fact Set, sales will increase 23 percent in 2017, 21 percent in 2018 and 18 percent in 2019, following 28 percent in the year that just ended. Wall Street remains exceptionally bullish on the stock, with 91 percent of analysts tracked by Fact Set carrying "buy" recommendations. But the administration of President Donald Trump has introduced some investor skepticism. Trump and Amazon CEO Jeff Bezos publicly sparred during the campaign, in part over how Trump was covered by The Washington Post, ...

Fast Money Traders Discuss How To Trade Amgen And Amazon Earnings

... guidance. David Seaburg said he sees upside in the whole biotech sector and likes the Nasdaq Biotech Index , after the Ministry of Health, Labor and Welfare in Japan approved Amgen's cholesterol drug Repatha. Trader Pete Najarian said he likes Amgen because the biotech company trades at a relatively low stock price of $164 with a great yield. Tim Seymour said the political environment is favorable for Amgen, with corporate tax reform expected to come from the Trump administration. On Amazon, trader Karen Finerman said she's skeptical about the valuation of the logistics part of the company. She added that the stock would be attractive only if the company's web services segment or cloud-computing unit sees faster growth— and the segment's profit margins do not start to shrink. Najarian said he sees the stock's pullback as a potential buying opportunity. KAREN FINERMAN. Karen Finerman is long AAL, BAC, BAC short calls, C, DAL, FB, FL, GLMP, GOGO, GOOG, GOOGL, JPM, LYV, KORS, KORS calls, KORS puts, M, MA, SEDG, SPY puts, TACO, UAL, WIFI long call spreads. Her firm is long ANTM, AAPL, BAC, C, C calls, FB, GOOG, ...

Amazon Sinks As Revenue Misses, Guidance Disappoints

... of $35.95 billion expected by Reuters. Adam Jeffery | CNBC. Jeff Bezos speaking at the new New York Economic Club luncheon in New York on Oct. 27, 2016. That's up from the comparable year-ago figures of $1 per share on $35.75 billion in sales. The online retail technology company reported fourth-quarter earnings that beat analysts' expectations on Thursday, but revenue that fell short of estimates. It also gave future guidance that was below the average estimate. Shares dropped more than 4 percent after hours. The free-spending company has invested heavily in new projects and infrastructure to meet ballooning demand as more shopping moves online. Amazon keeps taking business from traditional retailers, which are closing stores by the hundreds. But it also offers promotions to have the lowest prices, a "cost of doing business," chief financial officer Brian Olsavsky said. "Part of the revenue miss might be the ongoing shift to being a third-party ...

This Is Your Chance To Buy Amazon, Not Sell It

... Sutton told " Mad Money " host Jim Cramer. International Paper is the top maker of corrugated packaging in North America, and a major producer of coated paperboard and un-coated free sheet. The stock has had a big run since the election, up to nearly $58 last week from $44 on Election Day. Wings too hot. Boston Globe | Getty Images. Snap-on 's stock shed 7 percent on Thursday, which seemed very bizarre to Cramer, as he didn't think the numbers reported were disappointing at all. If anything, he thought they looked good. But this did fall in line with a pattern Cramer detected about the stock. It tends to rally going into the quarter, and then sell off. Eventually investors remember that it is a high-quality stock, and then the stock makes a comeback. Snap-on is the maker of high-end tools and diagnostic equipment for auto repair shops and various other industries. Cramer spoke with Snap-on's CEO Nick Pinchuk, who explained the strength of the important diagnostics business for the company. "If you actually focus on the diagnostic business, which everybody is talking ...

Buy Amazon ‘aggressively’ On Any Post-earnings Dip, Say Bullish Analysts

... on the company in a note to clients. That’s at the top end of analysts’ range for Amazon, which is around $510 per share at the low end, and $929.10 on average, according to Yahoo Finance. “We continue to view Amazon as one of the top large-cap growth stories in internet and would recommend buying shares aggressively on any potential dislocation,” said Patil and the team. They acknowledged that the e-commerce company’s shares may likely come under pressure after the revenue miss and its “modestly lower” forward guidance, the latter of which they said was probably a case of Amazon erring on the conservative side. Been there, done that: Amazon shares also took something of a beating in October, after disappointing third-quarter results. At the time, the company posted earnings per share that fell short of expectations, but shares have slowly recovered that lost territory, moving up to levels seen before those third-quarter results in the last two weeks. Market Watch. A slow climb back. Edward Yruma and the team at Pacific Crest, who rate Amazon ...

Microsoft Corporation Msft , Amazon.com, Inc. Amzn And Cincinnati Financial Corporation Cinf

... On the other hand, Cincinnati Financial Corporation (NASDAQ: CINF ) has found itself in a must-win situation ahead of next week’s earnings results as the company’s stock is barely hanging on to its long-term bullish trend. __link__, Inc. (AMZN). Amazon heads into the earnings confessional this afternoon as the stock sits near its highs around $850 technically teasing those looking at taking a position ahead of the numbers. The charts indicate that AMZN shares have become less overbought over the last week as the stock took a move towards its 20-day moving average. This move is very familiar to those of us that watch Amazon as it is a carbon copy of the pre-earnings activity last quarter. Today’s AMZN chart is somewhat different and more supportive of the bulls as the stock is now shifting into an intermediate-term bull trend with the 50-day trendline crossing back over the 100-day. Our historical testing shows that Amazon stock is 63% more likely to outperform the at-any-time returns for the two months following this crossover. Volume on AMZN has dropped a little over the last week as we’ve seen traders back away ahead of the earnings. Call options on the stock have ...