Though Amazon.com (AMZN) stock has had a rough week, shares more than doubled in 2015 and touched a record high of 696.44 on Dec. 29. But analysts are beginning to question whether investors have already priced in the e-tail leader’s growth potential. Wall Street expects earnings per share gain to nearly triple to $1.65, but Canaccord analyst Michael Graham says most of the positives that have sparked Amazon’s recent growth already are baked into
Every year, Amazon.com (AMZN) tells the world — sort of — how well sellers did on its platform. But Amazon’s numbers can generate more questions than answers. “It’s a typical Amazon press release,” ChannelAdvisor (ECOM) Executive Chairman Scot Wingo told IBD about Amazon’s release Tuesday, which disclosed several data points about seller performance on Amazon. “It’s frustrating. It all sounds good, but (the numbers) don’t give you a tie to another
In terms of the so-called FANG stocks — Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOGL), once known exclusively as Google — the rough start to 2016 shows that even top stocks can come under the pressure of a broad market sell-off. On Monday, all four companies closed below their 50-day moving average for the first time since late September, as U.S. stocks fell on negative manufacturing data domestically and overseas in China.