Tight-lipped Amazon.com (AMZN) says that during the holiday shopping season it experienced “record-breaking metrics” for its Prime loyalty program, company-made devices and original video content, according to a Monday press release. “(We) believe this will be our best holiday season ever,” Amazon spokeswoman Katie McFadzean wrote to IBD in an email. McFadzean pointed to the company’s public statement about its anticipated 14%-25% Q4 sales growth
Yelp (YELP) got a modest price target boost from SunTrust Robinson Humphrey, which said on Wednesday that the crowdsourced consumer review website can grow even in the face of rising competition for local advertising dollars from Facebook (FB), Alphabet (GOOGL)-owned Google, Amazon.com (AMZN), TripAdvisor (TRIP), Priceline Group (PCLN), Groupon (GRPN) and others. SunTrust said that it had transferred coverage of Yelp to analyst Matthew Thornton
A pharmaceuticals company and several biotechs are set to rack up the biggest gains in 2015 among sizable stocks, while Internet stocks Wayfair (W), Netflix (NFLX) and IBD Leaderboard stock Amazon.com (AMZN) also rank among the top risers, all up by triple-digit percentages while the S&P 500 index was up a mere 1% after Tuesday’s close. Generic drug maker Eagle Pharmaceuticals (EGRX) leads, with a 487% gain so far this year among U.S.-traded